Comcast NBCUniversal and Grace Beauty scored exits as Peloton Interactive floated at the top of its range to raise $1.16bn, getting a further $100m in a private placement.

Peloton Interactive, the exercise equipment and class provider backed by mass media group Comcast NBCUniversal and cosmetics distributor Grace Beauty, went public today in a $1.16bn initial public offering. The company floated on the Nasdaq Global Select Market after pricing 40 million class A shares at the top of the IPO’s $26 to $29 range.…

The rest of this content is only accessible to Corporate Venturing: News, Data, and Events - Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.