trending Market Intelligence /marketintelligence/en/news-insights/trending/g4hqy_pas78tfclm7val6q2 content esgSubNav
In This List

DMD Digital Health delists from TSX board under going-private deal

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet


DMD Digital Health delists from TSX board under going-private deal

DMD Digital Health Connections Group Inc. said the TSX Venture Exchange approved its voluntary delisting, effective market close Oct. 9.

The healthcare data provider delisted its common stock from the exchange's NEX Board, as it is taken private by a company controlled by management shareholders and BMO Capital Markets Corp.

DMD Digital Health has received approvals from the Superior Court of Quebec and its shareholders for the deal. Proxy advisory firms Institutional Shareholder Services Inc. and Glass Lewis & Co. have also recommended the transaction.

The Verdun, Quebec-based company said the delisting also follows the closing of 10653365 Canada Inc.'s acquisition of all of its common stock by way of amalgamation.

Additionally, DMD Digital Health renamed to Les Services DMDConnects Inc., or DMDConnects Services Inc.