Tag: Blackstone Group
Apria preps for IPO
January 18, 2021HME News Staff
LAKE FOREST, Calif. – Apria on Jan. 15 filed a Form S-1 with the Securities and Exchange Commission, a step it must take before filling an initial public offering.
Apria says it intends to list its shares of common stock on the Nasdaq Global Select Market under the symbol “APR.” After completing its offering, Blackstone Group will continue to own a majority of the voting power of shares, according to the form.
Apria discloses that it served nearly 2 million...
Reporter's notebook: Apria Healthcare
April 26, 2010Mike Moran
LAKE FOREST, Calif. - Do you know what a “dividend recapitalization” is? I didn't, but I do now.
This issue comes up because recently I ran into news stories involving two industry companies: Apria Healthcare and Attends Healthcare, a maker of adult incontinence items. Apria, pending shareholders approval, has arranged a $500 million “dividend recap” and Attends $98 million.
Here's what Investopedia, an online investing dictionary, says about dividend recaps:
When...
Analyst: It's the private equity way'
April 26, 2010Liz Beaulieu, Editor
Now that you know what a dividend recapitalization is, here's some additional insight on The Blackstone Group and Apria Healthcare from Bob Leonard, an analyst with the Pittsburgh-based mergers and acquisition firm, The Braff Group.
What Blackstone's $500 million dividend recap from Apria means in his own words
“They're basically paying themselves. I mean, they still own what they own. They haven't reduced their ownership position at all. They've just further leveraged...