Healthscope launches A$2.57 billion IPO

The IPO of Australia's second-largest hospital operator will rank as the country's biggest in three years.

Healthscope launches A$2.57 billion IPO

Healthscope and its private equity backers are aiming to raise up to A$2.57 billion $2.41 billion in a July initial public offering that promises to be Australia's biggest in three years.

Retail books opened on Monday for the share sale by Australia’s second-largest private hospital operator, currently owned by TPG Capital and Carlyle Group, is seeking to price 1.89 billion shares at between A$1.76 and A$2.29 per unit.

The shares on...

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