Quest Diagnostics /
LifeLabs
Quest Diagnostics to buy LifeLabs from OMERS in $1.35 billion deal
What happened
Quest Diagnostics agreed to acquire LifeLabs from OMERS for approximately CAN $1.35 billion, including net debt. The transaction is expected to close by the end of the year, subject to closing conditions and approvals.
LifeLabs provides community laboratory tests for millions of Canadians and will retain its brand, Canadian headquarters, and management after closing.
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Quest Diagnostics to buy LifeLabs from OMERS in $1.35 billion deal
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