iCON Infrastructure to acquire Alliance Medical Group from Life Healthcare Group for £910m.

iCON Infrastructure, an independent investment group, agreed to acquire Alliance Medical Group, a multi-specialty medical group, from Life Healthcare Group, a healthcare organisation, for £910m. “AMG is a valued part of the overall Group. In considering the unsolicited offers, the Board debated extensively before concluding that the transaction is in the best interest of shareholders to extract immediate value by de-risking the longer-term delivery of the AMG business plan,” Victor Litlhakanyane, Life Healthcare Chairman.