Infratil to pay up to $350m for Pacific Radiology majority stake

Infratil will be Pacific Radiology's major shareholder.

Thu, 29 Apr 2021

Infratil is planning to buy a majority stake in Pacific Radiology for up to $350 million from its existing doctor owners.The infrastructure investor said Pacific Radiology is the largest private diagnostic imaging service provider in New Zealand, operating 46 clinics in the South Island and lower North Island and employing 90 radiologists.Infratil will buy between 50.1% and 60% of Pacific Radiology, conditional on counterparty consents to change of control in relation to a small number of material contracts. Assuming those consents are given, i...

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