NASHVILLE, Tenn. (AP) — Hospital operator HCA Holdings Inc. said Monday that a group of investors plan to sell up to 50 million shares of its stock.
HCA said most of the shares will be sold by the private equity funds Kohlberg Kravis Roberts & Co. and Bain Capital Partners. HCA won't get any proceeds from the sale, which is expected to close Friday.
As of December, Bain and KKR each owned 74.2 million shares of HCA. That gave them 16.8 percent stakes in the company, according to FactSet.
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