Ontario Teachers brings in big guns for x-ray vision
It's less than a month until final bids for Australia's biggest radiology business, I-MED, and Ontario Teachers' Pension Plan isn't messing around.
Street Talk understands the Canadian's private equity team has drafted in investment bank UBS to help with its $1 billion-plus bid, including lining up debt for the potential acquisition.
I-MED's been marketed as a stable and defensive earner - and it's now time to see whether the banks agree. Bidders were told they would be able to gear ...