Healthscope, Owners Said to Raise $2.1 Billion in Australia IPO

Healthscope Ltd. and its private equity owners raised A$2.25 billion ($2.1 billion) in Australia’s biggest initial public offering in more than three years, people with knowledge of the matter said.

Australia’s second-largest private hospital operator and existing investors sold about 1.1 billion shares at A$2.10 each, above the midpoint of a marketed range, said the people, who asked not to be identified because the information is private. Healthscope, backed by TPG Capital and Carlyle Group LP, offered the shares at A$1.76 to A$2.29 apiece.