Luxury Maternity Care Center Saint Bella Weighs Hong Kong IPO in 2024, Sources Say

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Luxury Maternity Care Center Saint Bella Weighs Hong Kong IPO in 2024, Sources Say
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Saint Bella, a Chinese maternity care company that partners with upscale hotels to provide women with luxurious spaces to recuperate in after giving birth, is considering an initial public offering in Hong Kong as early as next year, according to people with knowledge of the matter.

The Hangzhou, China-based company is working with Goldman Sachs Group Inc. and UBS Group AG on the first-time share sale, which could fetch $100 million to $200 million, the people said, asking not to be identified as the information is private.

Deliberations are preliminary and details of the IPO such as size and timing could change, the people said. Representatives for Goldman Sachs and UBS declined to comment, while Saint Bella didn’t immediately respond to requests for comment.

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