KKR-backed BrightSpring eyes over $3 billion valuation in US IPO

(Reuters) -KKR-backed BrightSpring Health Services said on Wednesday it was targeting a valuation of more than $3 billion in its initial public offering in New York.

The company said it would sell 53.3 million shares at a price between $15 and $18 each, to raise up to $960 million.

Goldman Sachs, Jefferies and Morgan Stanley are among the underwriters for the IPO.

(Reporting by Niket Nishant in Bengaluru; Editing by Shounak Dasgupta)

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