Integral Diagnostics dealmaking creates $1b diagnostics giant
Kylar LoussikianDeputy editor – business
Integral Diagnostics will emerge as a near $1 billion diagnostics imaging group after agreeing to merge with Capitol Health in a deal that values its smaller rival at about $413 million.
Integral told investors that the two companies had “highly complementary footprints” with 155 clinics and 350 radiologists. It would have recorded revenues of some $651 million to June 30 and earnings of $93 million.
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Kylar Loussikian is the Financial Review’s deputy editor – business. Email Kylar at kloussikian@afr.com
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