Medline raises $6.3 billion in year's biggest IPO
Yahoo Finance·2025-12-17 16:04

The biggest IPO of 2025 is getting in just before the finish line. Medical supply giant Medline (MDLN) said late Tuesday that it had raised 6.26billioninitsIPO,sellingalittleover216millionsharesat6.26 billion in its IPO, selling a little over 216 million shares at 29 a piece, with the stock set to begin trading on Wednesday. The public offering price values Medline at upward of 50billion.PrivateequitygiantBlackstone(BX)ledaconsortiumofinvestorsthattookamajoritystakeinthecompanyin2021,valuingthecompanyat50 billion. Private equity giant Blackstone (BX) led a consortium of investors that took a majority stake in the company in 2021, valuing the company at 30 billion. The deal caps ...