Surgery Partners rises on report company is exploring potential sale

Surgery Partners

18/07/2024 22:48

** Shares of surgical facility operator Surgery Partners
 SGRY.O  rise 8.4% to $31.55 after the bell  
    ** The company, which is backed by private equity firm Bain
Capital, is exploring options including a potential sale,
Bloomberg News reports, citing people familiar with the matter
    ** SGRY is working with a financial adviser to gauge buyer
interest, the report added 
    ** Deliberations are in the early stages and the company
could opt against pursuing a deal
    ** Surgery Partners and Bain Capital did not immediately
respond to Reuters requests for comment 
    ** Up to last close, stock down ~9% YTD 

 (Reporting by Sneha S K in Bengaluru)
 ((Sneha.SK@thomsonreuters.com;))