SYDNEY Jan 29 Australian hospital operator
Healthscope Ltd is considering three options for a sale process
- an initial public offering (IPO), selling to a trade buyer or
a property trust, the managing director said on Wednesday.
Healthscope's private equity owners - TPG and Carlyle Group
- had begun the first stage of a A$4 billion ($3.51
billion) sale by inviting banks to pitch for a role in the
process, the Australian Financial Review reported.
The company is considering three options for the sale, with
no bank appointed yet, managing director Rob Cooke said.
"Definitely we will look at an IPO, maybe a trade buyer,
another one is also to sell into a property trust. So three
options are under consideration," Cooke said.
It was a good time for a sale, Cooke added, noting high
demand for healthcare companies like Ramsay Health Care Ltd