Alliance Medical sold to iCON Infrastructure

AMG's Turner Diagnostic Centre in Colchester

South African healthcare giant Life Healthcare has entered into a binding agreement to sell Alliance Medical Group (AMG) to independent investment firm iCON Infrastructure for £910m. The deal ends months of speculation after Johannesburg-listed Life appointed Barclays and Goldman Sachs to review unsolicited approaches for the business in February. Life said the deal, which is subject to…

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