IFM Investors set to pay $400m for SA’s Benson Radiology

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IFM Investors’ imaging business PRP Diagnostic Imaging is in exclusive due diligence to buy a stake in South Australia’s Benson Radiology, capping off a frenzied year of M&A in the sector.IFM Investors CEO David Neal pulled the pin on IFM’s private equity unit in October. Rhett WymanLoading…Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.comKanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.auEmma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com or Subscribe to save articleEmailLinkedInTwitterFacebookSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? License articleFollow the topics, people and companies that matter to you.Find out moreRead MoreStreet TalkMergers & acquisitionsPrivate equityHealthcare

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Original source: au