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 offer represent 67% of the company's enlarged share capital. Once the share sale is concluded, TPG Capital and Carlyle will see their combined share holding drop to between 25% and 40% of the company, bankers...
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