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UPDATE 1-Carlyle, TPG to exit Australia's Healthscope with $612 mln stake sale-IFR

Published 23/11/2015, 11:12 pm
© Reuters.  UPDATE 1-Carlyle, TPG to exit Australia's Healthscope with $612 mln stake sale-IFR
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(Adds Carlyle declined to comment, Goldman's role)

HONG KONG, Nov 23 (Reuters) - Private equity firms Carlyle Group LP CG.O and TPG Capital Management TPG.UL are selling their entire remaining stake in Australian healthcare operator Healthscope Ltd HSO.AX in a deal worth about $612 million, IFR reported on Monday, citing a source close to the deal.

Carlyle and TPG are offering 308.2 million shares at a fixed price of A$2.77 each, putting the total deal at about A$853.7 million ($612 million), added IFR, a Thomson Reuters publication. The stake accounts for 17.8 percent of Healthscope's shares.

TPG and Carlyle declined to comment on the stake sale.

Goldman Sachs (N:GS) is advising on the deal, IFR added. ($1 = 1.3935 Australian dollars)

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