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1. newsroom.questdiagnostics.com › 2024/07/03-QuestQuest Diagnostics to Acquire LifeLabs from OMERS, Enhancing ...

   newsroom.questdiagnostics.com › 2024/07/03-Quest

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   3 days ago · SECAUCUS, N.J. and TORONTO, July 3, 2024 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), a leading provider of diagnostic information services, today announced a definitive agreement with OMERS to acquire LifeLabs, a trusted provider of community laboratory tests for millions of Canadians, for a value of approximately CAN $1.35 billion (approximately USD $985 million), including net debt.

2. toronto.citynews.ca › 2024/07/03 › omers-sellingOMERS selling LifeLabs to Quest ... - CityNews Toronto

   toronto.citynews.ca › 2024/07/03 › omers-selling

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   3 days ago · TORONTO — Ontario pension fund manager OMERS has signed a deal to sell medical lab company LifeLabs to U.S.-based firm Quest Diagnostics in a deal valued at $1.35 billion including debt. Quest Diagnostics chairman and CEO Jim Davis says the deal is based on the belief that the company can help LifeLabs accelerate growth and improve health care.

3. www.theglobeandmail.com › business › article-usOMERS sells LifeLabs to U.S.-based Quest Diagnostics for $1. ...

   www.theglobeandmail.com › business › article-us

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   3 days ago · Listen to this article. Toronto-based pension fund Ontario Municipal Employees Retirement System (OMERS) has reached a deal to sell the country’s largest medical testing company, LifeLabs ...

4. finance.yahoo.com › news › quest-diagnostics-acquireQuest Diagnostics to Acquire LifeLabs from OMERS, Enhancing ...

   finance.yahoo.com › news › quest-diagnostics-acquire

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   3 days ago · Quest Diagnostics (NYSE: DGX), a leading provider of diagnostic information services, today announced a definitive agreement with OMERS to acquire LifeLabs, a trusted provider of community...

5. www.thestar.com › business › omers-selling-lifelabsOMERS selling LifeLabs to Quest ... - The Toronto Star

   www.thestar.com › business › omers-selling-lifelabs

   3 days ago · TORONTO - Ontario pension fund manager OMERS has signed a deal to sell medical lab company LifeLabs to U.S.-based firm Quest Diagnostics in a deal valued at $1.35 billion including debt.

6. www.ctvnews.ca › business › quest-diagnosticsQuest Diagnostics to acquire Canada-based LifeLabs | CTV News

   www.ctvnews.ca › business › quest-diagnostics

   3 days ago · A sign is seen outside a LifeLabs location in North Vancouver B.C., on Friday, October 22, 2021. (Darryl Dyck / The Canadian Press) Quest Diagnostics said on Wednesday it would acquire Canada ...

7. People also ask

   Who owns lifelabs medical laboratory services?

   • DARRYL DYCK/The Canadian Press Toronto-based pension fund Ontario Municipal Employees Retirement System (OMERS) has reached a deal to sell the country’s largest medical testing company, LifeLabs Medical Laboratory Services, to U.S.-based Quest Diagnostics Inc. for $1.35-billion including debt.

   OMERS sells LifeLabs to U.S.-based Quest Diagnostics for $1.35-billion

   www.theglobeandmail.com/business/article-us-based-quest-diagnostics-buys-lifelabs-for-135-billion/?ref=biztoc.com

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   Will lifelabs stay Canadian-owned?

   • The two leading contenders were Quest and Vaughan, Ont.-based Andlauer Healthcare Group, which runs a medical logistics business that delivers drugs to pharmacies and hospitals, and appeared to represent the best chance for LifeLabs to stay Canadian-owned.

   OMERS sells LifeLabs to U.S.-based Quest Diagnostics for $1.35-billion

   www.theglobeandmail.com/business/article-us-based-quest-diagnostics-buys-lifelabs-for-135-billion/?ref=biztoc.com

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   Are lifelabs & Dynacare a part of Canada's lab-testing infrastructure?

   • Together, LifeLabs and Dynacare form a key part of Canada’s lab-testing infrastructure, especially in the country’s most populous province, Ontario. OMERS has owned LifeLabs for 17 years, and The Globe and Mail reported in January that the pension fund had put the testing company up for sale, drawing interest from multiple bidders.

   OMERS sells LifeLabs to U.S.-based Quest Diagnostics for $1.35-billion

   www.theglobeandmail.com/business/article-us-based-quest-diagnostics-buys-lifelabs-for-135-billion/?ref=biztoc.com

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   What happened to lifelabs & Saskatoon?

   • The Saskatchewan Health Authority is nearing the end of a seven-year contract with LifeLabs, signed in 2018, for collection services in Saskatoon and Regina.

   OMERS sells LifeLabs to U.S.-based Quest Diagnostics for $1.35-billion

   www.theglobeandmail.com/business/article-us-based-quest-diagnostics-buys-lifelabs-for-135-billion/?ref=biztoc.com

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8. www.theglobeandmail.com › business › article-questQuest Diagnostics expands into Canada with $1.35-billion ...

   www.theglobeandmail.com › business › article-quest

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   3 days ago · Quest Diagnostics said on Wednesday it would acquire Canada-based LifeLabs from pension plan owner OMERS for about $1.35-billion including net debt. LifeLabs, which provides community...