Reported 8 months ago
Hospital operator Ardent Health Partners Inc., majority owned by Equity Group Investments, has refiled for an initial public offering (IPO) after abandoning a previous attempt. Ardent aims to raise over $400 million in the IPO, with a valuation of around $5 billion. The company disclosed strong financial figures in their recent filing, showing significant growth compared to the previous year. Ardent's IPO is being managed by JPMorgan Chase & Co., Bank of America Corp., and Morgan Stanley, with plans to list on the New York Stock Exchange under the symbol ARDT.
Source: YAHOO