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Andlauer Healthcare Group ( (TSE:AND) ) has issued an announcement.
Andlauer Healthcare Group has received a final order from the Ontario Superior Court of Justice approving its acquisition by a UPS affiliate for C$55.00 per share. The transaction is expected to conclude in the latter half of the year, pending approval under the Canadian Competition Act and fulfillment of customary conditions. This acquisition marks a significant development for AHG, potentially enhancing its market presence and operational capabilities within the healthcare supply chain sector.
The most recent analyst rating on (TSE:AND) stock is a Hold with a C$42.00 price target. To see the full list of analyst forecasts on Andlauer Healthcare Group stock, see the TSE:AND Stock Forecast page.
Spark’s Take on TSE:AND Stock
According to Spark, TipRanks’ AI Analyst, TSE:AND is a Outperform.
Andlauer Healthcare Group’s overall score reflects strong financial performance and positive corporate events, particularly the UPS acquisition. Despite a high valuation and mixed technical indicators, the strategic benefits of the acquisition and solid financial health position the company well for future growth.
To see Spark’s full report on TSE:AND stock, click here.
More about Andlauer Healthcare Group
Andlauer Healthcare Group (AHG) is a prominent supply chain management company specializing in third-party logistics and specialized transportation solutions for the healthcare sector. It offers customized logistics, distribution, and packaging services for healthcare manufacturers across Canada, along with specialized transportation services including air freight forwarding, ground transportation, and last mile services. AHG operates a comprehensive coast-to-coast distribution network in Canada and provides specialized ground transportation services across the contiguous U.S. states.
Average Trading Volume: 110,492
Technical Sentiment Signal: Buy
Current Market Cap: C$2.03B
See more data about AND stock on TipRanks’ Stock Analysis page.