Sonic Healthcare Limited (AU:SHL) has released an update.
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Sonic Healthcare Limited has announced its acquisition of LADR Laboratory Group, one of Germany’s top medical laboratory groups, for an enterprise value of €423 million. This strategic move is expected to significantly boost Sonic’s earnings per share and return on invested capital over the next three years, thanks to strong cultural and operational synergy. The acquisition, which includes LADR’s operations in Germany, Poland, and Finland, marks a substantial expansion for Sonic in the European market.
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