Medline Industries is considering an initial public offering that could fetch a valuation of $50 billion for the medical supplies company, Bloomberg News reported. The company and its private equity owners are already in early-stage talks with banks regarding a potential listing as soon as the spring of 2025, the report said, citing people familiar with the matter. Blackstone, Carlyle Group and Hellman & Friedman agreed to buy a majority stake in Medline in 2021, valuing the company at $30 billion excluding debt.
Read the full article: Medical Supplier Medline Said to Explore IPO in 2025 //
Source: https://www.reuters.com/business/healthcare-pharmaceuticals/medline-industries-said-explore-ipo-2025-bloomberg-news-reports-2024-07-23/