Healthscope price splits fund managers

Original article by Jemima Whyte
The Australian Financial Review – Page: 13 : 21-Jul-14

Shares in Healthscope will be priced within the range of $A1.76 and $A2.29 apiece in an IPO that will be worth around $A2.5bn. The company is being floated by TPG Capital and The Carlyle Group, but Anton Tagliaferro of Investors Mutual says investors should be cautious about IPOs that are backed by private equity firms. He believes that Healthscope’s shares are overvalued and says Investors Mutual will not be buying stock in the float

CORPORATES
HEALTHSCOPE LIMITED – ASX HSO, INVESTORS MUTUAL LIMITED, TPG CAPITAL LP, THE CARLYLE GROUP, EQUITY TRUSTEES LIMITED – ASX EQT, PENGANA CAPITAL LIMITED, RAMSAY HEALTH CARE LIMITED – ASX RHC

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