Two of Australia’s biggest radiology players, Infratil’s QScan and Allegro Funds’ Perth Radiological Clinic, are scanning for new owners. And Street Talk’s got the skinny on who’s looking at what.

Sources said Mike Murphy-led Bain Capital submitted a revised non-binding indicative bid to QScan’s sell-side adviser UBS last week. It is advised by Bank of America, and knows a thing or two about the sector after weighing a purchase of the $3.4 billion I-MED.

Original source: au