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New Deal


Announced

Completed

Quest Diagnostics completed the acquisition of Outreach Lab Services Business from Steward Health Care System.

Financials

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

Tags

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United States

laboratory services

Medical Services

Single Bidder

Friendly

Completed

Acquisition

Majority

Domestic

Private

Synopsis

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Quest Diagnostics, provider of diagnostic information services, completed the acquisition of Outreach Lab Services Business from Steward Health Care System, a health care network. Financial terms were not disclosed. "This transaction delivers on our strategy to serve the evolving needs of health systems, which increasingly seek to entrust their critical laboratory services to our expertise so they can focus on their core care missions," Jim Davis, Quest Diagnostics Chairman, CEO and President.

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