1320 ET - Bain Capital has proposed taking private outpatient healthcare company Surgery Partners at an equity value of about $3.27 billion. The Boston firm proposed paying $25.75 a share to acquire the shares it doesn't already own, representing a 21% premium to Monday's closing price of $21.25, a securities filing shows. Bain Capital already holds around 39% of the Brentwood, Tenn.-based company's shares through several private-equity funds and would acquire the rest through its buyout strategy, the filing indicates. Surgery Partners surges 19% to $25.28. (ted.bunker@wsj.com)
(END) Dow Jones Newswires
January 28, 2025 13:20 ET (18:20 GMT)
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