December 21, 2017 / 5:19 AM / 8 months ago

BRIEF-Capitol Health Buys Radiology Tasmania​ For $24.17 Million

Dec 21 (Reuters) - Capitol Health Ltd:

* CAPITOL HEALTH SAYS RADIOLOGY TASMANIA EXPECTED TO CONTRIBUTE $14.4 MILLION IN REVENUE & $3.3 MILLION IN EBITDA ON ANNUAL BASIS BASED ON FY18 FORECAST

* ‍CAPITOL LIMITED HAS ACQUIRED 100% OF RADIOLOGY TASMANIA​

* ‍CONSIDERATION FOR DEAL IS $24.17 MILLION ON A CASH AND DEBT FREE BASIS​

* SEES COMBINED ‍EARNINGS CONTRIBUTION TO CO FROM RADIOLOGY TASMANIA & I-RAD RADIOLOGY SUNSHINE OF $4.1 MILLION TO EBITDA ON ANNUALISED BASIS​ Source text for Eikon: Further company coverage:

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