(Adds details from AFR story, background on Qscan)
Oct 23 (Reuters) - New Zealand's Infratil Ltd (IFT) said on Friday it was in talks to buy a majority stake in Qscan Radiology Clinics in Australia from Quadrant Private Equity, in a deal that a local media outlet said could be around $498 million.
The infrastructure investment firm said it was working with a consortium and would use existing bank facilities to fund the potential deal.
The Australian Financial Review's "Street Talk" column reported https://www.afr.com/street-talk/infratil-in-final-stages-at-quadrant-s-qscan-20201022-p567p9 that an offer of around A$700 million ($497.98 million) was made by Infratil and that Ramsay Health Care (RHC) was also in contention for Qscan.
Qscan, Quadrant Private Equity and Ramsay did not immediately respond to a Reuters request for comment.
Infratil said discussions were ongoing.
($1 = 1.4057 Australian dollars)
(Adds details from AFR story, background on Qscan) Oct 23...
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Last
$33.57 |
Change
0.220(0.66%) |
Mkt cap ! $7.748B | |||
| Open | High | Low | Value | Volume |
| $33.28 | $34.04 | $33.15 | $24.52M | 727.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2236 | $33.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.68 | 1944 | 1 |
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