Economy Country 2026-03-03T19:25:43+00:00

Medline Shareholders Sell $3.4 Billion Stake

Major shareholders of the American medical supplies company Medline have initiated the sale of a new stake worth up to $3.4 billion. This move follows a significant rally in the company's stock, which has increased by 58% since its IPO in December of last year. The deal involves investment giants such as Blackstone, Carlyle Group, Hellman & Friedman, and the Abu Dhabi Investment Authority.


Medline Shareholders Sell $3.4 Billion Stake

According to calculations based on Monday's closing price, the value of the offering is approximately $3.4 billion. A disclosure filed on Tuesday revealed that shareholders plan to sell 75 million shares in the company, a move that includes major investment firms such as Blackstone, Carlyle Group, and Hellman & Friedman, as well as the Abu Dhabi Investment Authority. Major shareholders of the American medical supplies company Medline have begun selling a new stake worth up to $3.4 billion, capitalizing on the strong rally the stock has seen since its initial public offering (IPO) late last year. Medline's shares have risen by 58% since its IPO in December of last year, which was