Report: Univision Hires Banks To Underwrite IPO
March 11, 2015 at 6:46 AM (PT)
REUTERS is reporting that sources tell it UNIVISION COMMUNICATIONS has hired GOLDMAN SACHS, MORGAN STANLEY, and DEUTSCHE BANK to serve as lead underwriters for its Initial Public Offering. The report says that several other banks will also be supporting the underwriting syndicate.
UNIVISION's IPO is projected for the second half of 2015 and could raise over $1 billion, giving the company a valuation of up to $20 billion. The company was taken private in 2007.