Jardine Matheson to acquire Australia’s I-MED Radiology in $2.4 billion deal

Hong Kong’s Jardine Matheson buys Australian diagnostic group I-MED for US$2.4b

Jardine Matheson, an investment company headquartered in Hong Kong, announced on Monday the A$3.4 billion (US$2.4 billion) acquisition of the entire stake of an Australian diagnostic and teleradiology group. The acquisition of I-MED Radiology Network, which spans 215 diagnostic imaging clinics across metropolitan and regional communities in Australia and New Zealand, is one of Jardine Matheson’s largest in recent years, following its full takeov…

Jardines Matheson to buy Aussie imaging business I-MED in $3.1 billion deal

Jardines has recently been ramping up efforts to increase investor returns. Read more at straitstimes.com.

Jardine Matheson to acquire I-MED Radiology Network in $2.4B deal (JMHLY:OTCMKTS)

Jardine Matheson to buy I-MED Radiology for AUD$3.4B incl. Harrison.ai stake; valuation, funding & EPS impact.

Jardine Matheson to acquire Australia’s I-MED Radiology in $2.4 billion deal

May 25 (Reuters) – Hong Kong-based conglomerate Jardine Matheson said on Monday that it will acquire ​Australian medical imaging firm I-MED ‌Radiology Network (I-MED) for an enterprise value of A$3.4 billion ($2.43 billion). The 190-year-old conglomerate, whose businesses span property, retail, and automotive ‌sectors, ​said it will ⁠purchase a 100% ⁠stake in I-MED from funds advised by private equity firm Permira and other shareholders. The acq…

Jardine Is Said to Near Purchase of I-MED in $2.4 Billion Deal

Jardine Matheson Holdings Ltd. is nearing an agreement to buy I-MED Radiology Network Ltd., people familiar with the deal said on Sunday, an acquisition that would add Australia’s biggest medical diagnostic imaging provider to the conglomerate’s portfolio.

Permira agrees to sell I-MED to London-listed conglomerate for $3.4b

The acquisition includes I-MED’s stake in Harrison.AI  and is an all-cash offer, with nothing deferred and no earn-out. Jardine’s objective is to be a long-term owner and focus on growth, the sources said.