Healthscope ready to float
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Healthscope, Australia’s second-largest hospital operator and third-largest pathology network, is gearing up for a $4bn float later this month. The offer price is expected to be more than 20 times earnings but the company has already secured $1.7bn of cornerstone investors. The offer will open to retail investors on 8 July and we’ll publish a detailed review well before the closing date of 21 July. UNDER REVIEW.
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