Australia: Integral Diagnostics raises A$72m on the ASX

Ian Kadish, chief executive, Integral Diagnostics

Integral Diagnostics, Australia’s fourth largest radiology group, has successfully raised A$72m (US$49m) in an offer on the Australian Securities Exchange to help it acquire Imaging Queensland (IQ). IQ is a provider of diagnostic imaging services primarily operating in major centres along the Queensland coast, with a multi-brand portfolio of 18 radiology sites. Integral Diagnostics agreed…

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