Telus acquires LifeWorks Inc. for $2.9-Billion to boost health subsidiary

Telus acquires LifeWorks Inc. for .9-Billion to boost health subsidiary

Telus Corp. TT is acquiring human-resources firm LifeWorks Inc. LWRK-T for $2.9-billion including debt, increasing the scale and global footprint of its health subsidiary. LifeWorks, which was previously called Morneau Shepell, provides mental-health and employee-wellness services. The Telus deal, announced Thursday, still requires shareholder and regulatory approval, and is expected to close later this year … Read more

Telus to buy LifeWorks in deal valued at $2.9-billion including debt

Telus to buy LifeWorks in deal valued at .9-billion including debt

Telus Corp. TT has signed a deal to buy LifeWorks Inc. LWRK-T valued at $2.9 billion including debt. LifeWorks, formerly known as Morneau Shepell, helps companies with employee and family assistance plans, absence management, pension and benefits administration and retirement planning. Under the agreement, LifeWorks shareholders will have the option to receive $33 in cash … Read more