Medical imaging services company, Integral Diagnostics (ASX:IDX) will kick off its retail entitlement offer today.
The entitlement offer is intended to raise gross proceeds of approximately A$72 million.
Funds raised will go towards the $104 million acquisition of Imaging Queensland which Integral announced last week.
Integral expexts the acquisition to complete in November 2019.
Shares in Integral Diagnostics (ASX:IDX) closed 1.3 per cent higher at $3.10.