NZ's Infratil offers up to $235 mln for majority stake in Qscan Group


The infrastructure investment firm, which is also listed in Australia, said it made the offer together with the Morrison & Co Growth Infrastructure Fund, which has conditionally offered to buy up to 15% of Qscan.

New Zealand's Infratil Ltd said on Monday it would buy up to a 60% stake in Australian diagnostic imaging business Qscan Group Holdings Pty Ltd from Quadrant Private Equity for A$330 million ($235.46 million).

The infrastructure investment firm, which is also listed in Australia, said it made the offer together with the Morrison & Co Growth Infrastructure Fund, which has conditionally offered to buy up to 15% of Qscan.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit soft as US$ remains elevated
Product innovation drives sales of local plastic packaging
Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Booming eCommerce bolsters consumption
Chemical recycling to reduce plastic waste
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023

Others Also Read