SCA to Offer 9.8M Shares, Aims to Raise $220M With IPO
Seeking Alpha report.
The company will offer 9.8 million shares priced between $21 and $24. If the stock prices reach $22.50 per share, SCA is expected to have a market value of $860 million.
According to SCA's S-1 balance sheet for the six months ending June 30, the company had net operating revenues of $388.5 million and a net income of $42.2 million.
Surgical Care Affiliates currently owns or operates 167 ambulatory surgery centers in partnership with 2,000 physician partners and 42 health systems.
More Articles on Transactions and Valuation Issues:
Oklahoma University School of Medicine Opens Outpatient Surgery Center
HCA Reports Income Up 3.5% in Q3
10 Hospitals & Health Systems Recently Opening or Planning Surgery Centers
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