Sept 24 (Reuters) - Healthcare company Medline is

weighing a public filing for an initial public offering as soon

as late October, Bloomberg News reported on Wednesday, citing

people familiar with the matter.

The IPO could raise about $5 billion and value the company

at as much as $50 billion, according to the report.

U.S. IPO activity has picked up in recent months, as recent

listings attracted strong investor interest, reversing a

slowdown earlier in the year due to trade-policy uncertainty.

Goldman Sachs and Morgan Stanley are leading the banks

working on the offering, Bloomberg News reported.

Medline did not immediately respond to a Reuters request for

comment.

(Reporting by Prakhar Srivastava in Bengaluru; Editing by

Krishna Chandra Eluri and Shinjini Ganguli)