Private equity firms TPG Capital and Carlyle Group are planning to raise about A$2.5 billion ($2.4 billion) in an initial public offering of shares in Healthscope Ltd, Australia's second-biggest private hospitals operator, a source with direct knowledge of the plan told Reuters.Amid a banner year for Australian IPOs, Healthscope's owners are on a roadshow in Asia, lining up cornerstone investors before filing the IPO prospectus by end-June or early July, the person said.A $2.4 billion listing for Healthscope would be the country's third-biggest ever. It would be the largest since rail freight company QR National Ltd, now known as Aurizon Holdings Ltd, raised $4.4 billion in 2010, according to Thomson Reuters data.Healthscope's private equity owners have explored three options as they looked to cash in on strong demand for quality healthcare assets, according to the person familiar with the IPO plan: a listing, a sale to a trade buyer, or a spin-off of property assets via a trust.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.34% or $-0.12/share to $35.67. In the past year, the shares have traded as low as $31.38 and as high as $38.73. On average, 806955 shares of TRI exchange hands on a given day and today's volume is recorded at 790530.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.62% or $-0.24/share to $38.59. In the past year, the shares have traded as low as $33.08 and as high as $42.10. On average, 676389 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 351378.
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