Auna, a Peruvian healthcare plan provider and hospital operator, withdrew its plans for an initial public offering on Monday. It originally filed in September 2020 with a proposed deal size of $100 million. It had planned to dual-list ADSs on the NYSE and common stock on the Lima Stock Exchange (BVL).
The company was originally founded in 1989 as Oncosalud, a healthcare coverage provider selling prepaid plans for cancer prevention and detection. It currently has 14 branches across seven cities in Peru and Colombia.
The Lima, Peru-based company was founded in 1989 and booked $399 million in revenue for the 12 months ended December 31, 2020. It had planned to list on the NYSE under the symbol AUNA. Morgan Stanley was set to be the sole bookrunner on the deal.
