Infratil (ASX:IFT) completes acquisition of Qscan

Company News

by Rachael Jones

Infratil (ASX:IFT) confirms that its acquisition of 56.25 per cent of Qscan has been completed for total cash equity consideration of $289.6 million.

They bought Qscan from Quadrant Private Equity and existing doctor and management shareholders.

The offer was made in conjunction with the Morrison & Co Growth Infrastructure Fund, which conditionally offered to acquire up to 15 per cent of Qscan.

Shares in Infratil (ASX:IFT) closed 1.9 per cent lower at $6.72 yesterday.