Ardent Health seeks $3.15B valuation in IPO

July 9 — Hospital operator Ardent Health is targeting a $3.15 billion valuation in its IPO, per its updated S1.

• Why it matters: Ardent will debut on the heels of several successful health care IPOs.
• Go deeper: Read Tuesday's newsletter, plus Tuesday's Pro Rata on Capri-Sun seeking to raise more than $500 million via a minority stake sale.