Deals
Permira to Buy I-Med From EQT for A$1.3 Billion
- Acquisition will be Permira’s first transaction in Australia
- I-Med has 204 radiology clinics, and over 3,500 employees
Photographer: shapecharge/E+ via Getty Images
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Permira has agreed to buy Australia’s I-Med Radiology Network from EQT Partners and other investors, the Swedish buyout firm said in a statement.
Permira, the London-based private equity firm, will pay about A$1.3 billion ($1.1 billion) for I-Med, according to people with knowledge of the matter, who asked not to be identified because the details are private. The transaction, Permira’s first in Australia, is expected to close in the first quarter, the statement shows.