TORONTO, Dec. 18, 2023 /CNW/ - Persistence Capital Partners, on behalf of its affiliated funds (collectively, "PCP"), the controlling shareholder of Neighbourly Pharmacy Inc. ("Neighbourly" or the "Company") (TSX: NBLY), Canada's largest and fastest growing network of independent pharmacies, announced today that it has secured financing for the acquisition by way of plan of arrangement (the "Proposed Transaction") of all the common shares (the "Common Shares") in the capital of the Company, other than those Common Shares already owned by PCP or its affiliates, by a newly-formed entity controlled by PCP at a purchase price of $18.50 per share (the "Revised Price"), payable in cash.
Read more at newswire.caPersistence Capital Partners Proposes Fully Financed Offer to Take Neighbourly Private at $18.50 per Share
Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.
