Surgery Partners falls after it rejects Bain Capital's take-private offer

Surgery Partners

17/06/2025 16:44

Updates

** Shares of surgical facility operator Surgery Partners SGRY.O fall as much as 14.3% to a near two-month low of $19.86

 ** SGRY is set for its worst day in over 3 years, if losses hold

** SGRY says it was not able to agree to the terms of Bain Capital's take-private offer

** In January, Bain Capital Private Equity proposed to acquire the remaining shares of SGRY it does not already own for $25.75 apiece

** Bain Capital has a 38.97% stake in company, according to data compiled by LSEG

** Including session's moves, SGRY down 5.9% YTD

(Reporting by Sriparna Roy and Siddhi Mahatole in Bengaluru)

((Sriparna.Roy@thomsonreuters.com;))