Germany: Sonic continues accretive expansion in Germany with MLD

Sonic Healthcare, one of the world’s largest medical diagnostics companies and second largest healthcare company on ASX, has agreed to acquire Medical Laboratories Duesseldorf (MLD), one of the leading clinical laboratories in Duesseldorf. The purchase price of €180m (US$198m) will be funded in euro from Sonic’s existing cash and debt facilities, with most of the…