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U.S. Healthcare Company PACS Group Sets IPO Pricing at $21 per Share

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PACS Group,IPO,Healthcare

U.S. healthcare company PACS Group has announced the pricing of its initial public offering (IPO) at $21 per share, aiming to raise around $450 million. The IPO was priced at the mid-point of its target range, valuing the company at approximately $3.1 billion. This comes as U.S. IPOs are expected to rebound in 2024, although the recovery has been uneven so far.

- U.S. healthcare company PACS Group set the pricing of its initial public offering at $21 per share, to raise around $450 million, it said on Wednesday.

After a two-year dry spell, U.S. IPOs are expected to rebound in 2024 on firming bets of a soft landing for the world's largest economy, although the recovery has been uneven so far. SALT LAKE CITY — The International Olympic Committee was effusive Wednesday in its support for a decadeslong effort to bring back the Winter Games to Utah's capital city in 2034. Unlike so many other past hosts that have decided bringing back the Games isn’t worth the time, money or hassle, Salt Lake City remains one of the few places where Olympic fever still burns strong.

 

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