Carlyle Group, a private-equity firm with significant healthcare holdings, filed a plan with the Securities and Exchange Commission to make its initial public offering.
Carlyle Group makes plans for IPO
The equity that Carlyle plans to sell, called common units, will not have full voting rights; the holders of the units will not have the right to remove the general partner, for example, according to the filing. The price per unit and total amount of the offering were not revealed in the filing. No specific date was listed in the filing, although it implies that the offering will be made in 2012.
Carlyle owns stakes in several healthcare services providers and a wider array of healthcare device and technology companies and pharmaceutical manufacturers. Its service investments include HCR Manor Care, Toledo, Ohio, an operator of skilled-nursing and assisted-living facilities; LifeCare Holdings, Plano, Texas, an operator of long-term acute-care hospitals; and Healthscope, the second-largest private hospital operator in Australia. Tenet Healthcare Corp., Dallas, made an unsuccessful bid to acquire Healthscope in 2010.
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