Photo by Luis Alvarez/Getty Images Infratil, a New Zealand-based investment firm, has made a conditional agreement to purchase a majority stake in diagnostic imaging service provider Pacific Radiology for up to NZ$350 million (around $252 million). WHAT IT'S ABOUT The energy and transport investor is looking to acquire between 50.1-60% of Pacific Radiology's shares. In a press release, Infratil mentioned that "completion of the Pacific Radiology acquisition is conditional on counterparty consents to change of control in relation to a small number of material contracts." If those consents are given, the deal is expected to close by end of the month.