Sonic Healthcare set to purchase Aurora Diagnostics for $540 million

December 14, 2018

REUTERS — The Australia-based pathology and radiology group Sonic Healthcare Ltd recently announced it had reached an agreement to purchase Aurora Diagnostics, of Florida, for a sum of $540 million.

In a press release announcing the deal, Sonic said it expects the move will “substantially grow” its US operations.

Several outlets had reported earlier this year that Aurora was exploring a sale after completing several acquisitions throughout 2018.

The acquisition of Aurora is expected to be about 3 percent EPS accretive post-placement on a pro-forma FY2019 basis before expected revenue and cost synergies, Sonic said in its statement.

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