Key facts
- Jardine Matheson Holdings is seeking a loan of around A$1.5 billion ($1.1 billion).
- The loan is intended to fund the takeover of I-MED Radiology Network.
- I-MED is an Australian medical diagnostic imaging provider.
- The move is part of Jardine's strategy to expand its portfolio.
Jardine Matheson Holdings Ltd., a company based in Hong Kong, is reportedly seeking an approximately A$1.5 billion ($1.1 billion) loan. The purpose of this financing is to facilitate its acquisition of I-MED Radiology Network Ltd., an Australian firm specializing in medical diagnostic imaging. This strategic move by Jardine Matheson is aimed at broadening its existing business portfolio. The information was disclosed by sources familiar with the matter.