Medline Industries said to explore IPO in 2025, Bloomberg News reports

07/23/2024

Less than a minute

2024.07.23 14:30

Medline Industries said to explore IPO in 2025, Bloomberg News reports

(Reuters) -Medline Industries is considering an initial public offering which could fetch a valuation of $50 billion for the medical supplies company, Bloomberg News reported on Tuesday.

The company and its private equity owners are already in earlystage talks with banks regarding a potential listing as soon as the spring of 2025, the report said, citing people familiar with the matter.

The U.S. IPO market has shown a few greenshoots in 2024, after two sub-par years fueled by geopolitical turmoils and high interest rates.

07/23/2024

Less than a minute

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