Quintiles Transnational Holdings Inc. (Q) announced the launch of a secondary public offering of 11,855,050 shares of common stock by certain of its existing shareholders, of which Quintiles intends to repurchase from the underwriters a number of shares having an aggregate value of approximately $250 million. The repurchase is subject to completion of the offering.
The company said it is not offering any stock and will not receive any proceeds in the offering.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.