I-MED Radiology Network

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Jardine Matheson buys Australia's I-MED Radiology in $2.4 billion deal

Target; largest combined imaging platform in Australia and New Zealand

Jardine Matheson, the 193-year-old Hong Kong trading house, agreed to buy I-MED Radiology Network from London private equity firm Permira for US$2.4 billion. The all-cash deal hands Jardines control of 215 clinics across Australia and New Zealand that run more than 7 million scans a year.

Updated May 26