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 story : Telus buying LifeWorks in Canadian tech tie-up #FinanceUSA #StockMarketNEWS Telus Corp. said Thursday it agreed to pay C.3 billion (.8 billion) plus assume $C600 million in debt to buy LifeWorks

@stockMarketNEWS 11 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

Telus buying LifeWorks in Canadian tech tie-up #FinanceUSA #StockMarketNEWS
Telus Corp. said Thursday it agreed to pay C.3 billion (.8 billion) plus assume $C600 million in debt to buy LifeWorks Inc. , a Toronto-based human resource consulting and technology services company in the health and wellness sector. Telus will acquire all of the issued and outstanding common shares of LifeWorks for C per share. Including the $C600 million in debt, the deal value for LifeWorks totals $C2.9 billion. Shares of LifeWorks closed at .20 on Wednesday. The stock is down 28.7% so far this year.


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