An Elliott Management Corp. and Brookfield Asset Management Inc. led consortium agreed to acquire Nielsen Holdings PLC. for $28 a share. The all-cash transaction valued Nielsen at $16 billion, including debt. The offer price implied a 60 percent premium over Nielsen’s unaffected stock price as of March 11, before market speculation regarding a potential takeover. Nielsen shares closed at…

Nielsen Holdings PLC.  abandoned a takeover offer from a private equity consortium, saying it significantly undervalued the company. The offer price of $25.40 per share, roughly $9 billion, compares to Nielsen’s March 18 closing price of $24.44. Nielsen looked to commence share buyback under its previously approved $1 billion authorization. Nielsen’s leading shareholder Windacre Partnership LLC. supported…

Nielsen Holdings PLC reported fourth-quarter FY21 revenue growth of 2.9 percent year-on-year on a constant currency basis to $894 million, missing the consensus of $898 million. Measurement revenues of $647 million increased 4.0 percent Y/Y. Impact / Content revenues of $247 million were flat Y/Y. Adjusted EPS of $0.46 beat the consensus of $0.35. Adjusted EBITDA margin…