trending Market Intelligence /marketintelligence/en/news-insights/trending/emda0c-blb9rannws-ym4a2 content esgSubNav
In This List

BJ's Wholesale files for IPO

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Understanding Loss Given Default A Review of Three Approaches

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends


BJ's Wholesale files for IPO

BJ's Wholesale Club filed for an IPO to list itself on the New York Stock Exchange.

The warehouse club operator, which will list on the exchange under the symbol BJ, was taken private by Leonard Green & Partners LP and CVC Capital Partners in 2011.

According to Bloomberg, the private equity firms paid $2.8 billion in cash for the company.

The Massachusetts-based company plans to raise up to $100 million. That figure is likely a placeholder given in preliminary IPO filings.

Merrill Lynch Pierce Fenner & Smith Inc., Deutsche Bank Securities, Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC will be the underwriters for the offering.