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Announced

Telstra Health to acquire MedicalDirector for $350m.

Financials

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Transaction Value£252m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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healthcare technology

Domestic

Pending

Majority

Friendly

software development

Australia

Acquisition

Private

Software

Single Bidder

Synopsis

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Telstra Health, Australia's largest ehealth company, agreed to acquire MedicalDirector, a health care company, for $350m. "This acquisition helps realise our vision to connect and coordinate across the continuum of care, enabling smoother experiences for those who need care as well as for providers of care. With digital solutions across the entire spectrum of health and aged care, we can better support patients and providers by removing siloes between sectors to improve the delivery of quality health care," Telstra Health.

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