HCA May Raise $4.6B Via IPO

HCA Holdings is seeking to raise around $4.6 billion in an initial public offering.

HCA Holdings is seeking to raise around $4.6 billion in an initial public offering (IPO), The Wall Street Journal reports. The U.S. hospital operator, which was taken private in a 2006 acquisition, is planning to price its offering on March 9.

The Tennessee-based company has appointed Bank of America Merrill Lynch, Citigroup and JP Morgan Chase to manage the offering. HCA is seeking to list its shares on the New York Stock Exchange.

Click here for the story from The Wall Street Journal.