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New Deal


Announced

Infratil to acquire a 50.1% stake in Pacific Radiology Group for $211m.

Financials

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Transaction Value£151m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

New Zealand

Majority

Acquisition

clinics

Domestic

radiology

Private

Pending

Health Care Facilities

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Synopsis

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Infratil, an infrastructure investment company, agreed to acquire a 50.1% stake in Pacific Radiology Group, an operator of radiology clinics, for $211m, with options to increase the stake to 60% stake at $252m. "The Doctor shareholders in Pacific Radiology are delighted to partner with such a capable long term investor as Infratil, who will add real value as Pacific Radiology continues to grow and expand our high quality services to patients, referrers and funders across New Zealand,” Adrian Balasingam, Pacific Radiology Group Chairman.

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