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.