A healthy prognosis for Medibank's float

It's been a long time coming but there's little doubt that Medibank will be a strong addition to the ASX, and there could be winners all round.

Last weekend Mathias Cormann dropped the starter’s flag for the big initial public offering of the year, the $4 billion-plus privatisation of Medibank Private. While it might be a decade late in occurring, it will be a welcome addition to the ASX lists and a positive change to the health insurance industry’s structure.

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