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Goldman-backed Chinese healthcare provider iKang Healthcare Group files for a $150 million IPO

By: Renaissance Capital
Posted: 3/3/2014 12:54:00 PM
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iKang Healthcare Group, China's largest privately held medical services provider, filed on Monday with the SEC to raise up to $150 million in an initial public offering. The Beijing, China-based company, which was founded in 2004 and booked $191 million in sales for the 12 months ended December 31, 2013, plans to list on the NASDAQ under the symbol KANG. iKang Healthcare Group initially filed confidentially on December 4, 2013. BofA Merrill Lynch and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.