TELUS to Acquire LifeWorks Inc.

June 16, 2022

TELUS entered into a binding arrangement agreement to acquire all outstanding common shares of LifeWorks Inc. for total consideration of approximately C$2.9 billion (including net debt). The deal is being implemented via a court-approved plan of arrangement and requires LifeWorks shareholder approval, regulatory approvals, and other customary closing conditions.

Buyers
TELUS Corporation
Targets
LifeWorks Inc.
Location
Ontario, Canada
Transaction Type
Buyout

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