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Quest Diagnostics Moves to Acquire LifeLabs of Canada

Following deal, U.S.-based Quest, like Labcorp, will own a major national Canadian lab company

QUEST DIAGNOSTICS, ALREADY A CLINICAL LABORATORY BEHEMOTH IN THE U.S., is expanding its North American footprint by acquiring Canada’s largest independent laboratory company. Quest Diagnostics announced on July 3 that it had a “definitive agreement” to acquire LifeLabs from the Ontario Municipal Employees Retirement System (OMERS) in a deal valued at approximately $1.35 billion in […]

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