Brief: CloudMD Announces Divestment Of Pharmacies To Neighbourly Pharmacy

Neighbourly Pharmacy

31/10/2022 11:46

Oct 31 (Reuters) - CloudMD Software & Services Inc
 DOC.V :
    * CLOUDMD ANNOUNCES DIVESTMENT OF PHARMACIES TO NEIGHBOURLY
PHARMACY
    * CLOUDMD SOFTWARE & SERVICES - AGREED TO SELL NEIGHBOURLY
ITS TWO
BRICK-AND-MORTAR RETAIL PHARMACIES, CLOVERDALE PHARMACY AND
STEVESTON HEALTH CENTRE
    * CLOUDMD SOFTWARE & SERVICES INC - DIVESTITURES OF TWO
PHARMACIES
WILL NOT AFFECT SERVICES COMPANY CURRENTLY DELIVERS WITHIN ITS
CORE BUSINESS
    * CLOUDMD SOFTWARE & SERVICES - CONSIDERATION TO BE PAID BY
NEIGHBOURLY IN CONNECTION WITH ACQUISITION OF PHARMACIES IS
APPROXIMATELY $3.8 MILLION IN CASH

Source text for Eikon:  ID:nGNX7R1MwJ 
Further company coverage:  DOC.V 
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