BTC Speciality Health Pty Ltd entered into an agreement to acquire Hospital Infusion Business from Admedus Limited (ASX:AHZ) on May 13, 2019. Following completion of the acquisition and the transfer of the Hospital Infusion Business from Admedus, Sigma will undertake the distribution of BTC health products to public and private hospitals. In order to complete the acquisition of the Hospital Infusion Business, BTC health has been provided with a short-term funding facility of AUD 4 million from its largest shareholder. The transaction is expected to be completed on May 31, 2019.

BTC Speciality Health Pty Ltd completed the acquisition of Hospital Infusion Business from Admedus Limited (ASX:AHZ) for AUD 6.3 million on May 31, 2019. The deal value includes AUD 1.75 million of working capital, made up of inventory and debtors. All conditions precedent under the Business Sale Agreement have been satisfied and no waivers in respect of these conditions were granted.