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The $7.9 billion private hospital giant Ramsay Health Care has held discussions to acquire a minority stake in Allegro Funds-backed Perth Radiological Clinic, the biggest player in WA with more than 80 radiologists.

Street Talk understands Ramsay has in recent weeks approached Allegro to discuss the possibility of joining Perth Radiological Clinic’s register as a minority, strategic shareholder. The ASX-listed giant is working with Jarden.

Sources said Ramsay hasn’t been granted exclusivity and there is no certainty a deal would be agreed. It is also not the only party to show interest in the asset. Of note, it is pursuing Perth Radiological Clinic at the same time as it weighs a tilt at Brookfield’s hospitals group Healthscope.

Read the full story: Ramsay Health Care eyes stake in Allegro’s radiology business

Read the full story tomorrow and more on the Street Talk page.

The sharemarket snapped a two-day losing streak as investors bet that scheduled trade talks with the US this week and fresh stimulus from China and could aid a revival in the world’s second-largest economy.

Click here for the latest equity market wrap.

 
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