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Fujian Thai Hot Acquires Majority Stake in Alliance Healthcare for $103 Million

publication date: Mar 30, 2016
Fujian Thai Hot Investment, a China holding company, closed its $102.5 million acquisition of a 51.5% stake in Alliance HealthCare Services, a company that operates diagnostic imaging and radiation therapy centers in the US. The deal was originally announced in September, but needed extra time to work out the details. Thai Hot plans to expand Alliance's business to China. Huang Qisen, founder and chairman of Fujian Thai Hot, will become Chairman of Alliance. More details....

Stock Symbol: (NSDQ: AIQ)

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