Stonepeak, a New York-headquartered infrastructure and real assets investor with about $US73 billion ($113 billion) under management, is coming for Australia’s largest radiology business.
Street Talk understands Stonepeak has been in talks to acquire I-MED – on track to make $1.35 billion revenue and $230 million EBITDA in the year to June 30 – since at least March. While it is not known if Stonepeak has secured exclusivity over the asset, negotiations are said to be well advanced.
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