KKR, Bain Could Reap $1.8B In HCA Selldown

Law360, New York (February 12, 2013, 1:40 PM EST) -- Hospital operator HCA Holdings Inc. said Tuesday it will sell up to $1.8 billion in shares in a secondary offering, which could mean another sweet secondary payday for its private equity backers, KKR & Co. LP and Bain Capital LLC. 

HCA said its stockholders would sell about 50 million shares, which would be worth $1.8 billion at Monday's closing price. HCA said that it won’t take any proceeds from the offering and that all the proceeds will go to selling stockholders

The offering, which is expected...
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