Blackstone explores $500m IPO for AGS Health in India

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Blackstone explores $500m IPO for AGS Health in India

privateequitywire

2 months ago

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Blackstone Inc is in early discussions with investment banks about a potential initial public offering for its AGS Health unit in Mumbai, aiming to raise up to $500m, according to a report by Bloomberg citing unnamed sources familiar with the matter.
The IPO is expected to feature both primary shares and secondary sales from existing investors. Blackstone is reportedly targeting a valuation of around $3bn for AGS Health and plans to file a draft prospectus in the coming months, though details re...

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