Announced
Financials
Tags
Friendly
Acquisition
Pakistan
diagnostic center
Cross Border
Pending
Private
Medical Services
Majority
Single Bidder
Synopsis
Integrated Diagnostics Holdings, a healthcare diagnostics service provider, agreed to acquire a 50% stake in Islamabad Diagnostic Centre, a certified diagnostic centre, from Evercare Group, an integrated healthcare delivery platform, for $72m. The acquisition will see IDH expand its presence into a highly attractive market in South Asia with a favourable demographic profile, and gain a stake in one of Pakistan’s largest, most respected, and fastest growing integrated diagnostics firms.
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