Capitol Health buys Imaging @ Olympic Park

Company News

Provider of medical diagnostic imaging services Capitol Health Limited (ASX:CAJ) has inked a binding deal to buy Imaging @ Olympic Park for $25 million. 

The asset is Australia’s first stand-alone imaging and treatment day procedure centre and located in Melbourne’s AAMI Park sporting precinct. 

Capitol Health says the centre offers access to high quality imaging specialists, equipment and treatment focusing on the diagnosis and treatment of musculoskeletal conditions. 

The transaction is expected to be tied up by mid-February and Capitol Health has launched a share purchase plan to partially fund the acquisition. 

Capitol Health reported a net profit of $7.23 million in the 2014 financial year.

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