Deals

Baring Asia’s Citiustech Files Confidentially for U.S. IPO

  • U.S. IPO could value health-tech firm at more than $2 billion
  • BPEA is also gauging interest among potential buyers
Lock
This article is for subscribers only.

Citiustech, a health-care technology firm, has filed confidentially for a U.S. initial public offering, according to people familiar with the matter.

The portfolio company of buyout firm Baring Private Equity Asia is working with financial advisers as it explores a listing in New York as early as this year, the people said, asking not to be identified because the matter is private.