Waystar gains after Reuters reports potential sale talks
BUZZ-Waystar gains after Reuters reports potential sale talks ** Waystar WAY.O shares rise 3.3% to $25.73 premarket after Reuters reports the company is exploring options, including a potential sale
** Sale could return the healthcare software firm to private hands two years after going public in 2024
** Buyout firm EQT EQTAB.ST is its largest shareholder with a 13% stake, followed by Canada Pension Plan Investment Board (CPPIB) with 10% and BlackRock BLK.N with 8% - LSEG data
** WAY market value stands at roughly $4.8 billion after a 24% slide in its share price this year
** Co hires investment bank Evercore EVR.N as adviser on the process, says report
(Reporting by Darshan Kumar in Bengaluru)
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