Ropes & Gray represented TPG and Canada Pension Plan Investment Board as selling stockholders in the initial public offering of Viking Holdings Ltd. The closing of the offering was announced in an May 3 press release. The company and its investors sold 73.6 million shares, raising approximately $1.77 billion and making it the largest U.S. stock market debut so far in 2024. Shares began trading on the New York Stock Exchange on May 1 under the symbol “VIK.”
Viking provides destination-focused journeys on rivers, oceans and lakes around the world.
TPG is a leading global alternative asset manager with $224 billion in assets under management.
Canada Pension Plan Investment Board is a professional investment management organization that manages the Fund in the best interest of the more than 22 million contributors and beneficiaries of the Canada Pension Plan.
This team was led by capital markets partner Tom Fraser and private equity partner Jay Freedman.
Attorneys
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.