Aurora Healthcare Said to Postpone Year’s No. 2 IPO in Australia

Aurora Healthcare Australia Ltd. has delayed its Sydney initial public offering after the private hospital operator couldn’t generate enough investor demand, according to a person familiar with the matter.

The company halted its first-time share sale on lackluster investor response after launching the deal a week ago, said the person, who asked not to be identified as the discussions are private. The offering could have raised as much as A$415 million ($327 million) for the company and its shareholder Healthe Care Australia Pty Ltd., a subsidiary of Luye Medical Group.

At A$415 million, Aurora’s IPO could have been the ...