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UK’s Hg sells Intelerad to GE HealthCare in $2.3bn deal

London-based private equity firm Hg Capital has sold Intelerad, a Montreal-headquartered medical imaging software company, to US healthtech firm GE HealthCare in a deal valued at ~$2.3 billion. Hg is fully exiting its majority stake, while US investors TA Associates and Ardan Equity are selling their minority holdings.

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