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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Apr. 26, 8:45 AM

This Slide: #47 of 100

Slide #47. WELL Health Clinic Network Inc. — Shoppers Drug Mart Inc.

Acquirer: WELL Health Clinic Network Inc. (TSE:WELL.CA)
Acquiree: Shoppers Drug Mart Inc.
Details: WELL Health Clinic Network Inc. ("WELL"), a subsidiary of WELL Health Technologies Corp. (TSX: WELL), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce it has entered into an agreement with Shoppers Drug Mart Inc. ("Shoppers") to acquire all of the primary care medical clinics operated by Shoppers under the name "The Health Clinic by Shoppers". "The Health Clinic by Shoppers" comprises of 10 clinics (four in British Columbia and six in Ontario), with over 35 physicians on staff. Post-close, WELL will rebrand these clinics under the WELL Clinic brand.

Well Health Technologies is classified as a Capital Pool Company as defined in the TSX Venture Exchange Policy 2.4. The principal business Co. is the identification and evaluation of a Qualifying Transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities.

Open the WELL.CA Page at The Online Investor »

WELL.CA — Key Stats (updated Mon., Apr. 4, 10:25 AM)
Company Name:  Well Health Technologies Corp
Sector:  Diagnostics
 

Open the WELL.CA Page at The Online Investor (in a new window) »
April 26, 2024  •  8:45 AM Eastern
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