Waystar reportedly eyes IPO launch as soon as Tuesday, Bloomberg says
Source Investing
Investing.com -- Waystar is expected to launch a U.S. initial public offering as soon as Tuesday and the health-care payments software will look to raise about $950 million, valuing it at about $6 billion, Bloomberg reported Friday, citing unnamed sources.
Waystar, which is backed by EQT (ST:EQTAB) and the Canada Pension Plan Investment Board among others, could make its public market debut as soon as June.
Representatives for EQT, CPPIB and Waystar declined to comment, Bloomberg said.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Solana (SOL) price trades in green, above $242 at the time of writing on Monday, after breaking out of a parallel channel last week with bulls aiming for record highs.
Gold (XAU/USD) retreats slightly after touching a fresh record high, around the $3,689-3,690 region during the Asian session on Tuesday, amid some repositioning trade ahead of key central bank events.
The USD/CHF pair falls sharply to near 0.7915 during the European trading session on Tuesday.
Statistics Canada will publish August’s inflation figures on Tuesday.
The US Dollar (USD) stays under modest bearish pressure early Tuesday as investors adjust their positions ahead of the Federal Reserve's critical two-day policy meeting.
