Deal Snapshot
QUEST DIAGNOSTICS CLOSES ACQUISITION OF CLEVELAND CLINIC SPINOUT
Wednesday 06 December 2017

US-based medical diagnostics company Quest Diagnostics (NYSE: DGX) has closed the acquisition of US-based cardiovascular disease management firm Cleveland HeartLab from equity investors, including Cleveland Clinic, the company said.
This deal was announced in October. Quest said it plans to establish a national center of excellence in diagnostic information services at Cleveland HeartLab's specialised laboratory in Cleveland, Ohio, focused on services that aid in assessing risk and treatment protocols for heart disease, the leading cause of death in the United States.


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Details
Date Published: 06/12/2017
Target: Cleveland HeartLab
Country: USA
Sector: Healthcare
Type: Corporate acquisition
Financing:
Status: Closed
Vendor: Equity investors, including Cleveland Clinic
Buyer: Quest Diagnostics
Comment:
Terms of the deal were not disclosed

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