The Growth Fund is poised to jettison another asset from its rapidly shrinking portfolio.
Street Talk understands Crescent Capital Partners is in advanced talks to acquire bulk billing medical specialist Quantum Radiology, which services patients in Sydney’s outer boroughs and is expected to fetch as much as $200 million for The Growth Fund.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com