Brazil lab chain Fleury acquires Marcelo Magalhaes for $70mln

The deal will increase Fleury's footprint in the Brazilian state of Pernambuco to 31 patient service centers

  

SAO PAULO- Brazilian lab chain Fleury SA has reached a deal to acquire lab company Marcelo Magalhaes Diagnosticos for 384.5 million reais ($70.12 million), it said in a securities filing on Monday.

The deal will increase Fleury's footprint in the Brazilian state of Pernambuco to 31 patient service centers.

($1 = 5.4831 reais)

(Reporting by Gabriel Araujo, Editing by Louise Heavens) ((Gabriel.Araujo2@thomsonreuters.com; +55 11 5644 7745;))


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