Equity Group-Backed Ardent Health Files for IPO in Second Try

-- Hospital operator Ardent Health Partners Inc., whose majority owner is Equity Group Investments, has filed again for an initial public offering.Apple Won’t Roll Out AI Tech In EU Market Over Regulatory Concerns

In Friday’s filing, Ardent disclosed net income of $45.9 million on revenue of $1.4 billion for the three months ended March 31. That compares with $23.8 million in net income on revenue of $1.3 billion during the same period in 2023.EGI, the firm founded by Sam Zell, the billionaire investor who died last year, partnered with health-care real estate investment trust Ventas to acquire Ardent in 2015, according to EGI’s website.

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