Q3

Private Equity-Backed I-MED, Australia’s Largest Imaging Provider, Enters US with Teleradiology Acquisition

Private equity-backed I-MED, Australia’s largest diagnostic imaging provider, is entering the U.S. market with the acquisition of San Diego-based teleradiology group StatRad. I-MED Radiology Network had been searching for a target to expand into North America, seeing parallels with its home market, CEO Shrey Viranna told the Australian Financial Review. I-MED said it expects to

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Quest Diagnostics to Acquire LifeLabs from OMERS, Enhancing Diagnostic Services for Canadians

Quest Diagnostics (NYSE: DGX), a leading provider of diagnostic information services, has announced a definitive agreement with OMERS to acquire LifeLabs, a trusted provider of community laboratory tests for millions of Canadians, for a value of approximately CAN $1.35 billion (approximately USD $985 million), including net debt. LifeLabs will retain its brand, Canadian headquarters, and

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Virtual Therapeutics Completes Acquisition of Akili Interactive

Virtual Therapeutics, a company focused on improving mental health at scale using engaging, immersive games (“Virtual Therapeutics”), announces that it has successfully completed the tender offer commenced on June 3, 2024, to acquire all outstanding shares of common stock of Akili, Inc. (Nasdaq: AKLI) (“Akili”) for $0.4340 per share (the “Offer Price”). “The completion of

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KKR Acquires Controlling Stake in Baby Memorial Hospital, a Multi-Specialty Hospital Network in India

KKR, a leading global investment firm, and Baby Memorial Hospital (‘BMH’), a leading regional multi-specialty hospital chain in India, announce the signing of definitive agreements under which funds managed by KKR will acquire a controlling stake in BMH. Founded in 1987 by Dr. K G Alexander, BMH is one of the leading multi-specialty hospital chains

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