Quantum Health Group Limited (ASX:QTM) entered into an agreement to acquire Carestream Health Philippines, Inc. from Carestream Health, Inc. for $1.6 million on December 4, 2019. The consideration shall be paid in cash as to $0.22 million on January 2, 2020 and remaining approximately $1.4 million in June 2020. After completion, Carestream Health Philippines, Inc. will become subsidiary of Quantum Health Group Limited. Quantum Health Group has agreed to retain staff. The transaction is expected to complete on January 2, 2020.