Surgery Partners rises on report UnitedHealth, TPG seeking to buy co

Surgery Partners

23/08/2024 18:38

** Shares of surgical facility operator Surgery Partners
 SGRY.O  rise 11.7% to $32
    ** TPG Inc  TPG.O  and UnitedHealth Group  UNH.N  are among
suitors seeking to buy co, Bloomberg News reports, citing people
with knowledge of the matter
    ** The buyout firm and health insurance company have
separately expressed preliminary interest in Surgery Partners,
according to the report
    ** SGRY is also drawing interest from other private equity
firms and strategic bidders, the report says
    ** Deliberations are in the early stages and there's no
certainty they'll result in a transaction, the report added
    ** Including session moves, stock mostly flat YTD

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