Healthscope prices IPO at top

Australia’s second-largest private hospital operator raised A$2.25 billion in the country's largest IPO for more than three years.

Healthscope prices IPO at top

Healthscope and its private equity owners have raised A$2.25 billion $2.1 billion in Australia’s largest IPO for more than three years after pricing its shares towards the top of the indicative range.

Australia’s second-largest private hospital operator sold 1.89 billion shares at A$2.10 per unit on Thursday, the upper end of the original A$1.76 to A$2.29 range, according to a term sheet. This values the company at A$3.6 billion, and the shares represent 62% of...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES