TSX:SLF - Post Discussion
Post by
Betteryear2 on Jul 26, 2023 8:56am
Sun Life to acquire Dialogue
Dialogue is Canada's premier health and wellness virtual care platform, providing affordable on-demand access to quality care
- Sun Life has entered into an agreement to acquire Dialogue for $5.15 per common share, representing $365 million in total equity value, on a fully diluted basis.
- Together, Sun Life and Dialogue will strengthen their commitment supporting the health of Canadians. Dialogue will continue to operate as a standalone entity based out of Montral, Qubec.
TORONTO, July 26, 2023 /PRNewswire/ - Today, Sun Life Financial Inc. ("Sun Life") (TSX: SLF) (NYSE: SLF) is announcing it has entered into an agreement (the "Arrangement Agreement") to indirectly acquire all of the outstanding common shares ("Common Shares") of Dialogue Health Technologies Inc. ("Dialogue") (TSX: CARE) (other than certain Common Shares currently owned by Sun Life's affiliates and members of Dialogue executive management), Canada's leading integrated health platform, for $5.15 per Common Share (the "Transaction"). The total equity value of Dialogue is $365 million on a fully diluted basis (or $277 million for equity not currently owned by Sun Life or rolled by certain members of Dialogue's executive management). Dialogue's executive management will maintain a minority interest in Dialogue following closing.
Sun Life to acquire Dialogue, deepening its commitment to health (prnewswire.com)
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