Infratil confirms bid for radiology practice

Infratil confirms bid for radiology practice
Staff reporters
Infratil has confirmed it is looking at buying Qscan Radiology Clinics from Sydney-based Quadrant Private Equity.The infrastructure investment firm gave an update to the NZX revealing it was part of a consortium looking to acquire a majority stake in the radiology business.Qscan is a network of diagnostic medical imaging practices throughout Australia, said to earn roughly A$50m a year before interest, tax, depreciation and amortisation.In June, Infratil raised $300 million to be ready to take advantage of possible investment opportunities.The...