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Infratil chief executive Jason Boyes.
Photo: Supplied
The company is looking to acquire between a 50.1 percent and 60 percent stake in the business for up to $350 million.
Pacific Radiology is the country s largest diagnostic imaging service, employing 90 radiologists across 46 clinics in the South Island and lower North Island. The Pacific Radiology acquisition, if completed, sits well with Infratil s other high performing, high-quality assets, and builds on its investment last year in Qscan Group, a leading diagnostic imaging business in Australia, Infratil chief executive Jason Boyes said.
He said the business had defensive characteristics, because it was an essential service, and plenty of opportunities for growth as the population continues to age.
Market close: Vista Group big mover as sharemarket rises
29 Apr, 2021 05:38 AM
4 minutes to read
Vista Group rose 7c or 3.04 per cent to $2.37. Photo / Getty Images
NZ Herald
By: Graham Skellern Market leader Fisher and Paykel Healthcare conducted the heavy lifting and led the New Zealand sharemarket to a gain of half a per cent. Outside of Fisher and Paykel s hard work, the market was in a holding pattern, awaiting the latest round of company financial results.
The S&P/NZX 50 Index picked up 69.06 points or 0.55 per cent to 12,715.20 on steady volume of 34.8 million share transactions worth $170.67 million. There were 49 gainers and 76 decliners over the whole market of 185 stocks.