RMB acted as joint financial adviser to Life Healthcare on its £626-m acquisition of Alliance Medical Group Limited - a leading provider of molecular and diagnostic imaging services in the UK and Europe.
In a deal that highlights RMB’s holistic approach to cross-border acquisitions, RMB also jointly provided a multi-currency bridge facility with associated hedging solutions, and acted as joint bookrunner and underwriter on Life Healthcare’s R9-bn rights offer.
This landmark deal facilitates Life Healthcare’s expansion into the attractive diagnostics market and furthers its strategic objective to be a market-leading, international, diversified healthcare provider.