Healthcare Firm Concentra Eyes $3.3B Valuation in US IPO

Concentra Group, a Select Medical (SEM.N), opens new tab unit, is eyeing a valuation of $3.30 billion in its U.S. initial public offering, joining a growing list of firms testing the market after a near two-year dry spell. The occupational health services company is aiming to sell 22.50 million shares in the offering, priced between $23 and $26 apiece, to raise as much as $585 million, it revealed in a regulatory filing on Monday.

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Source: https://www.reuters.com/markets/deals/healthcare-firm-concentra-eyes-33-bln-valuation-us-ipo-2024-07-15/

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