Mar. 3 at 1:50 PM
Medline Industries announced a secondary offering of 75 million shares by its major shareholders. The selling stockholders include Blackstone, Carlyle Group, Hellman & Friedman, and the Abu Dhabi Investment Authority.
Blackstone, Carlyle, and Hellman & Friedman are each offering 23.3 million shares, while Abu Dhabi Investment Authority is selling approximately 5.1 million shares. Goldman Sachs, Morgan Stanley, BofA Securities, and J.P. Morgan are acting as global coordinators and joint bookrunners for the offering.
According to the prospectus, Medline has 1.31 billion shares outstanding. The Northfield, Illinois-based medical supplies company went public in New York in December in what was the largest IPO of 2025.
$MDLN $BX $CG