Brief: Andlauer Healthcare Group Announces Agreement To Acquire 100% Of Logistics Support Unit

Andlauer Healthcare

10/02/2022 13:37

Feb 10 (Reuters) - Andlauer Healthcare Group Inc  AND.TO :
    * ANDLAUER HEALTHCARE GROUP ANNOUNCES AGREEMENT TO ACQUIRE
100% OF
LOGISTICS SUPPORT UNIT
    * ANDLAUER HEALTHCARE GROUP INC - DEAL FOR TOTAL AGGREGATE
CONSIDERATION OF ABOUT C$30 MILLION, SUBJECT TO CUSTOMARY
PURCHASE PRICE ADJUSTMENTS
    * ANDLAUER HEALTHCARE GROUP INC - EXPECTS ACQUISITION TO BE
IMMEDIATELY ACCRETIVE TO CASH FLOW, EARNINGS PER SHARE, TO
EXPAND MARKET PRESENCE IN QUÉBEC
    * ANDLAUER HEALTHCARE GROUP INC - CONSIDERATION WILL CONSIST
OF
APPROXIMATELY C$22.5 MILLION IN CASH
    * ANDLAUER HEALTHCARE GROUP INC - C$22.5 MILLION IN CASH, TO
BE
FINANCED THROUGH COMBINATION OF CASH ON HAND, CREDIT FACILITIES,
SUBORDINATE VOTING SHARES

Source text for Eikon:  ID:nCNWrMrWWa 
Further company coverage:  AND.TO 

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