Entertainment Company Endeavor Group seeks to raise $619 mln for IPO: Reuters


Beverly Hills, California-based Endeavor Group, a global entertainment company, is seeking to raise up to $619 million for its IPO, reported Reuters. The company is planning on pricing its IPO of about 19.4 million shares between $30 and $32 per share. Goldman Sachs, KKR, J.P. Morgan and Morgan Stanley are serving as lead underwriters. Endeavor is backed by Silver Lake Partners and CPPIB.

Correction: The previous headline and report of this news item incorrectly described Endeavor Group as a talent agency rather than a global entertainment company. The information has since been corrected.