Edition:
India

Watchstone Group Announces Sale Of Canadian Healthcare Services Business


Tuesday, 17 Sep 2019 

Sept 17 (Reuters) - Watchstone Group PLC ::SALE OF HEALTHCARE SERVICES.UNIT QUINDELL SERVICES AGREED TO SELL ITS CANADIAN HEALTHCARE SERVICES BUSINESS FOR INITIAL CASH CONSIDERATION OF CANADIAN $36.2M.PROPOSED DEAL IS ON A CASH AND DEBT FREE BASIS TO 11628542 CANADA INC. A WHOLLY OWNED SUBSIDIARY OF LM HOLDINGS CORP.NO DISTRIBUTION OF CAPITAL WILL BE MADE TO SHAREHOLDERS OF WATCHSTONE UNTIL SLATER & GORDON LITIGATION HAS BEEN RESOLVED. 

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