Jardine Matheson to acquire Australian diagnostic imaging services provider for $2.4 billion
Jardine Matheson, a Hong Kong-based investment company, has agreed to acquire Australia's I-MED Radiology Network for $2.4 billion in an all-cash deal. This acquisition, which includes a minority stake in the AI solutions developer Harrison.ai, is a significant move for Jardine Matheson's strategic expansion into healthcare diagnostics. I-MED operates 215 diagnostic imaging clinics across Australia and New Zealand, with additional teleradiology operations in the US. The deal is expected to close by the end of 2026, pending regulatory approval. AI
IMPACT Acquisition of an AI solutions developer in radiology signals growing investment in AI-driven healthcare diagnostics.