Primary Health Care acquires Brisbane Private Imaging

Company News

by Jessica Ellerm

Primary Health Care Limited (ASX:PRY) has announced it has exchanged contracts for the purchase of Brisbane Private Imaging.

The imaging business is the on-site provider of diagnostic imaging services at Brisbane Private Hospital.

The deal will allow Primary to expand its services into a key hospital in the Brisbane area, and complements other imaging services the health business runs across Australia.
Primary is acquiring the business through its wholly-owned subsidiary Queensland Diagnostic Imaging.

Shares in Primary Health Care Limited (ASX:PRY) closed 0.54 per cent lower yesterday at $3.65.

Jessica Ellerm

Finance News Network
Jessica joined FNN in April 2016 and presents the Australian Share Market Outlook, and reports on the morning's leading business stories. Alongside FNN Jessica is a fintech industry commentator, writing for her own blog and a number of international online publications.