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Extendicare to Buy Nine Long-Term Care Homes in Canada for C$60.3 Mln

By MarketWatch   |   1 year ago
Extendicare to Buy Nine Long-Term Care Homes in Canada for C$60.3 Mln

Extendicare, a Canadian seniors care provider, is set to acquire nine long-term care homes and a parcel of land from Revera for approximately C$60.3 million. The deal is expected to bring in C$124 million in annual revenue and C$13 million in operating income.

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