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BABYLON PUMP & POWER LIMITED — M&A Activity 2011
Nov 24, 2011
64557_rns_2011-11-24_60dc0b19-49cc-4407-a2c5-604ee7f23cfb.pdf
M&A Activity
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IMI RADIOLOGY ACQUISITION PROCEEDING TO COMPLETION
The Directors of Capitol Health Limited (Capitol) are pleased to advise that the motion to approve the sale of the radiology operations of IM Medical Limited (IMI) has been approved at a general meeting of IMI shareholders.
Capitol and IMI are now proceeding to fulfil all of the required completion obligations on both parties for the transaction, with 30 November 2011 as the expected effective completion date.
Successful completion of the transaction will confirm Capitol as having the second largest diagnostic imaging clinic network in the Victorian market.
Authorised by:
John Conidi Managing Director
25 November 2011
Capitol Health Limited – ABN 84 117 391 812 Level 1, 952 Mt Alexander Rd, Essendon, Vic 3040 Ph (03) 9348 3333 Facsimile (03) 9370 0336