MCI Onehealth rises on Polyclinic buy

Healwell Al

15/07/2021 16:37

** Canada-based healthcare technology co's  DRDR.TO  shares
rise 2.85% to C$2.89 
    ** Co says its unit will buy 80% stake in Canadian Phase
Onward Inc, North York Pulmonary Function Center Inc, The Quit
Clinic Inc and Executive Medical Concierge Canada Ltd,
collectively called Polyclinic, for C$5.4 mln ($4.30 mln)
    ** Deal is expected to immediately add to DRDR’s earnings
 urn:newsml:reuters.com:*:nGNX3SnWG5  
    ** Stock has fallen 37.8% since its debut in January 


($1 = 1.2545 Canadian dollars)

 (Reporting by Sahil Shaw in Bengaluru)
 ((sahil.shaw@thomsonreuters.com))