Hilton files for $1.25 billion IPO
(Reuters) - Hotel operator Hilton Worldwide Inc, backed by Blackstone Group LP (BX.N: Quote), filed for an initial public offering of up to $1.25 billion.
Reuters reported in August that the private equity group was preparing to bring one of the largest leveraged buyouts back to the stock market.
The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.
(Reporting by Tanya Agrawal in Bangalore; Editing by Maju Samuel)
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