Integrated Dental Holdings, UK's largest privately owned dental chain, will either be put up for sale or floated on the stock market by private equity firm Carlyle Group LP, Sky News reported Monday. The chain of 570 dental clinics in Britain will be valued at 1 billion pounds, according to the news channel.Carlyle group has asked investment banks to make pitches for an advising role for deal expected later this year.IDH, which has around 2,500 employees, primarily serves Britain's National Health Service patients but also has interests in private and specialist dental practices.
Shares of CG fell by 0.83% or $-0.26/share to $31.19. In the past year, the shares have traded as low as $23.85 and as high as $39.38. On average, 808176 shares of CG exchange hands on a given day and today's volume is recorded at 836955.
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