As announced to the market on 14 June 2017, Capitol Health Limited (Capitol or the Company) (ASX: CAJ)
has agreed to sell its NSW radiology assets to I-MED Radiology Network (I-MED) for a total consideration of
$81.5m (less $1.2m cash adjustment for employee entitlements).
The transaction was subject to Foreign Investment Review Board (FIRB) approval, which Capitol is pleased
to confirm has now been received. Final completion of the transaction remains subject to customary third
party consents.
The transaction is progressing as anticipated and the parties continue to expect the transaction is likely to
complete on or around 31 August 2017.
GOODASH
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- Ann: Update on Sale of NSW Assets
As announced to the market on 14 June 2017, Capitol Health...
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