Sonic Healthcare Limited (AU:SHL) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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.
For further insights into AU:SHL stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue