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Home Companies and Markets

Synlab acquires majority stake in Nigerian lab operator

metro by metro
November 24, 2017
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Europe’s largest lab operator Synlab said on Friday it had acquired a majority stake in Nigerian diagnostic company PathCare Nigeria.

Synlab said the move would enable it to tap into a fast-growing market for medical tests in Africa’s most populous nation. It said PathCare is the largest private pathology laboratory firm in Nigeria.

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The German lab chain did not say how much it paid for the stake or the proportion it bought.

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