Buyer of MDS’ Canadian Labs Agrees to Pay C$ 900 Million

CANADA’S LARGEST CHAIN OF CLINICAL LABORATORIES will change hands in a deal revealed on September 7, 2006 by Toronto’s The Globe and Mail. MDS Inc. will apparently sell its diagnostics division to Borealis Infrastructure Management Inc., a private equity group owned by the Ontario Municipal Retirement Board (OMERS). The purchase price will be C$900 million …

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Buyer of MDS’ Canadian Labs Agrees to Pay C$ 900 Million

Sale allows MDS to exit the lab testing market, aggressive bidding pushed the price to high levels

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