July 18, 2024

Quest Diagnostics to acquire Canada’s LifeLabs for about $985 million, including debt

 Quest Diagnostics to acquire Canada’s LifeLabs for about $985 million, including debt

Quest Diagnostics to acquire Canada’s LifeLabs for about $985 million, including debt

Quest Diagnostics Inc. said Wednesday it has entered a definitive agreement with pension fund OMERS to acquire LifeLabs, a Canadian provider of community laboratory services, for about C$1.35 billion ($985 million), including net debt.