Ardent Health to Seek $400 Million or More in Second Try at IPO

 

Ardent Health is planning an initial public offering for a second time and could seek to raise $400 million or more, according to people familiar with the matter.

The hospital operator confidentially submitted its IPO registration to the US Securities and Exchange Commission for an IPO that would value Ardent at about $5 billion and perhaps more, the people said, asking not to be identified because the information is private.

https://www.bloomberg.com/news/articles/2024-06-03/ardent-health-to-seek-400-million-or-more-in-second-try-at-ipo