Neighbourly Pharmacy’s Acquisition Nears Completion

Neighbourly Pharmacy, Inc. (TSE:NBLY) has released an update.

Neighbourly Pharmacy Inc., Canada’s leading network of independent pharmacies, has received final court approval for its acquisition by a subsidiary of Persistence Capital Partners, with the transaction expected to close on March 20, 2024, pending customary conditions. The acquisition by T.I.D. Acquisition Corp. represents significant strategic growth for Neighbourly, although it is subject to customary risks and uncertainties. Shareholders and the market are watching closely as the company moves towards finalizing the deal.

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