Deals
Fertility Clinic Virtus Seeks Expansion in Asia, Deals After IPO
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Virtus Health Pty is planning an Asia-Pacific and Middle East expansion as well as seeking acquisitions after an initial public offering said to have raised A$338 million ($329 million), Australia’s largest share sale this year.
Australia’s biggest provider of fertility services will “look for acquisitions,” Virtus Chief Executive Officer Sue Channon said yesterday on the Financial Review program on Channel 9. “The other area of growth for us will be an international expansion. The Asia-Pacific, China, India and Middle East markets are very immature and highly fragmented.”