ASX-listed Integral Diagnostics makes NZ foray with $105M buy-up of radiology clinics

Tue, 29 May 2018

By Paul McBeth May 29 (BusinessDesk) - ASX-listed Integral Diagnostics has secured a New Zealand beachhead, spending $105 million in cash and scrip for four Auckland radiology clinics. Melbourne-based IDX today announced the acquisition of three Auckland businesses operating four radiology clinics in New Zealand's biggest city that have projected annual earnings before interest, tax, depreciation and amortisation of $13 million-to-$14 million in the 2019 financial year, the Australian company said in a statement. IDX will take on 14 Kiwi...

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