CORRECT: Orion Health valued up to $915 mln in IPO, eyes late November listing

Tue, 28 Oct 2014

(Fixes ambiguity over billion dollar target in 8th graph) By Paul McBeth Oct. 28 (BusinessDesk) - Orion Health Group, which develops software systems for patient health management, wants to raise up to $150 million in an initial public offer which would value the firm at almost a billion dollars and give public investors up to 17.4 percent of the company. The Auckland-based company plans to sell between 21.9 million and 29.1 million shares at $4.30 and $5.70 apiece, raising between $125 million and $155 million, the bulk of which will...

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