NYSE-listed Quest Diagnostics, the world's leading provider of diagnostic information services, have announced that it has completed the sale of itsIndiamedical diagnostic service business to Bangalore-based specialized diagnostics companyStrand Life Sciences.

Terms of this transaction were not disclosed.Alvarez & Marsal Corporate Finance & Restructuring,Indiaacted as the exclusive financial advisor to Quest Diagnostics.

Quest Diagnosticshas completed the sale of its India medical diagnostic service business to Strand Life Sciences.