(Reuters) -Medline Industries is considering an initial public offering which could fetch a valuation of $50 billion for the medical supplies company, Bloomberg News reported on Tuesday.
The company and its private equity owners are already in earlystage talks with banks regarding a potential listing as soon as the spring of 2025, the report said, citing people familiar with the matter.
The U.S. IPO market has shown a few greenshoots in 2024, after two sub-par years fueled by geopolitical turmoils and high interest rates.
(Reporting by Pritam Biswas in Bengaluru; Editing by Alan Barona)
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