









Medline dips as PE backers trim stakes in $3.1 bln stock sale

ReutersMar 5, 2026 12:55 PM

Medline's MDLN.O shares down 1.9% premarket at $42.08 as ~$3.1 bln secondary offering priced just months after medical supplier's Dec public debut

MDLN late Weds announced sale of 75 mln shares by Blackstone BX.N, Carlyle CG.O, Hellman & Friedman (H&F) and Abu Dhabi Investment Authority (ADIA) at $41

Offering price represents 4.4% discount to stock's last close of $42.88

MDLN's stock closed at $45.85 on Mon, prior to offering launch early Tues, having surged 58% since co's $7.2 bln IPO (inclusive of full overallotment), 2025's largest

Private equity backers BX, CG and H&F offloaded 23.3 mln shares each, ADIA sold 5.1 mln shares, per the offering prospectus

Northfield, Illinois-based MDLN has ~1.3 bln shares outstanding

Goldman Sachs, Morgan Stanley, BofA and JP Morgan global coordinators and joint bookrunners for offering

20 of 25 analysts rate the stock "strong buy" or "buy", rest "hold"; median PT $55, per latest LSEG data

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Tradingkey

Recommended Articles

Gold Pullback Brings Dip-Buying Window, Which Precious Metal Stocks Are Most Worth Watching?

TradingKey — Following a significant recent correction in gold prices, market sentiment has shifted from the previous one-sided chase for gains to a reassessment of risks and opportunities. For investors, this round of adjustment is not merely a fluctuation in gold prices; it represents a re-screening of precious metal assets. Determining which mining companies can withstand gold price volatility and which can continue to scale up cash flow in a high-price environment is becoming increasingly critical.

Will CPUs Become the Next Memory Chip to See Prices Skyrocket in 2026?

TradingKey - Price hike pressures on PC hardware are spreading from memory and storage chips to the processor sector. The CPU market is currently initiating a round of price increases averaging 10% to 15%, impacting both server and consumer products.

Alibaba Stock: Can a Cloud-and-AI Pivot Turn Recovery Into Durability?

TradingKey - The Alibaba Group (BABA) is primarily known for its eCommerce platform and many refer to Alibaba as "Amazon of China," considering its very large marketplace, strong logistics and technology capabilities.

Top 3 LNG Stocks to Buy in 2026: Why You Must Invest in Natural Gas Now

TradingKey - The year 2026 is predicted to be a key point for LNG supply versus global demand since reliable energy is needed. When monitoring the stock prices of LNG, you should know that even though there is a lot of volatility related to headline-driven news and world events, companies like Cheni

What Is Google TurboQuant Compression Algorithm? How Does It Affect the AI Memory Chip Industry?

TradingKey - Google’s (GOOGL) (GOOG) introduction of the TurboQuant vector compression algorithm has sent shockwaves through the AI memory chip industry, acting like a precisely cast stone.

Tradingkey

KeyAI

