IMS Health closes initial public offering in the U.S.

Torys acted as counsel to Canada Pension Plan Investment Board with a team that included Stefan Stauder, Andy Beck, Scott Bell, Heding Yang, Jason Zhou and Matthew Cockburn.

On April 9, 2014, IMS Health Holdings Inc. (IMS Health), a health-care focused information-technology company that was taken private four years ago by TPG Capital, Canada Pension Plan Investment Board, and Leonard Green & Partners LP, announced the closing of its initial public offering of common stock. Based on pricing information released April 3, 2014, the offering price was set at US$20.00 per common share, for total gross proceeds of US$1.3 billion.

IMS Health is a leading global information and technology services company providing clients in the healthcare industry with comprehensive solutions to measure and improve their performance.

Further information can be found on IMS Health's website.