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Carebook Technologies Secures Shareholder Approval for Privatization Deal with UIL Limited

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Carebook Technologies Secures Shareholder Approval for Privatization Deal with UIL Limited

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Carebook Technologies Inc ( (TSE:CRBK) ) has issued an announcement.

Carebook Technologies Inc. has received overwhelming shareholder approval for a going private transaction with UIL Limited, where UIL will acquire all outstanding common shares of Carebook, excluding those already owned by UIL, for C$0.10 per share. This arrangement, subject to court approval and other closing conditions, will result in Carebook’s shares being delisted from the TSX Venture Exchange and the company ceasing to be a reporting issuer.

More about Carebook Technologies Inc

Carebook Technologies Inc. is a leading Canadian provider of innovative digital health solutions.

YTD Price Performance: 111.11%

Average Trading Volume: 51,122

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$9.76M

Find detailed analytics on CRBK stock on TipRanks’ Stock Analysis page.

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