SAN FRANCISCO (MarketWatch) -- The initial public offering of Zoetis Inc. ZTS, the animal-health products spinoff from Pfizer Inc. PFE, has priced above its expected range, Reuters reported late Thursday. With the IPO pricing at $26 a share, the offering of 86.1 million shares is set to raise about $2.2 billion, valuing the company at about $13 billion. The Zoetis IPO was oversubscribed as early as Monday, according to IPO Boutique, at a price range of $22 to $25 a share.
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