- Healthscope, an Australian hospital and pathology company, is likely to become Australia's third-largest IPO listing on record. The company is owned by private-equity owners Carlyle (CG) and TPG, which acquired the provider for $1.7B in 2010.
- Carlyle and TPG are now looking to raise $2.4B for the IPO, as the private healthcare sector in Austrailia keeps growing. The number of Australians with private health insurance rose 8% annually in the last five years, increasing from 9.8M to 11M customers. One of the main factors in the increase is that the country pays a 30% rebate on private health insurance premiums.
- The final price will be announced on July 25, and trading will begin on July 28.
From other sites
at CNBC.com (Mon, 11:51AM)
at CNBC.com (Mar 3, 2015)
at MarketWatch.com (Mar 2, 2015)
at CNBC.com (Feb 24, 2015)
at Nasdaq.com (Feb 18, 2015)
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