M&A / Property

UPS Completes Acquisition of Andlauer Healthcare Group Inc.

By The Northwire Desk — AI Analysis Nov 03, 2025 · 07:30 AND · 54.4 ANDLAUER HEALTHCARE GROUP INC. SV

AND · Price

UPS completed its previously announced plan of arrangement, acquiring 100% of Andlauer Healthcare Group Inc.’s (AHG) issued and outstanding multiple‑voting and subordinate voting shares for cash consideration of C$55.00 per share.
The acquisition results in the Purchaser (Advance Investments Corporation, an affiliate of UPS) owning 39,150,209 subordinate voting shares, representing 100% ownership of AHG; all multiple‑voting shares are now nil.
Following completion, AHG’s subordinate voting shares will be delisted from the Toronto Stock Exchange and the company will apply to cease being a reporting issuer in Canada.

Consideration: Cash at C$55.00 per share for all outstanding shares of AHG.
Effective Date: November 1, 2025 (completion announced on November 3, 2025).
Ownership Transfer: Advance Investments Corporation now holds 39,150,209 subordinate voting shares (100% of AHG); no multiple‑voting shares remain outstanding.
Delisting & Reporting Status: AHG’s subordinate voting shares are expected to be delisted from the TSX shortly; AHG will seek to cease reporting in all Canadian provinces and territories.
Shareholder Instructions:
Registered shareholders must submit a letter of transmittal and share certificates to TSX Trust Company to receive cash consideration.
Non‑registered shareholders (holding shares through brokers) do not need to submit a transmittal but should consult their intermediaries.
Early Warning Reporting: An early warning report will be filed in accordance with securities laws and made available on SEDAR+.

(No direct quotes were provided in the release.)