Shares in PE-backed Healthscope climb 5.2% on ASX debut
Shares in Healthscope,the Australian hospital operator backed by TPG Capital and The Carlyle Group, rose 5.2% to A$2.21 at the end its first day of trading yesterday following the largest Australian IPO in four years.
Last week, shares were sold to investors at A$2.10 each, above the midpoint of a marketed range. The IPO represented a partial exit for TPG and Carlyle who together sold 311.5 million shares via the offering...
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