trending Market Intelligence /marketintelligence/en/news-insights/trending/pNbm6OOIhi01dZrnIjdcAQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Canadian transportation company Andlauer Healthcare closes C$150M IPO

COVID-19 Pandemic Likely To Cause US Telemedicine Boom

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Canadian transportation company Andlauer Healthcare closes C$150M IPO

Canadian supply chain management company Andlauer Healthcare Group Inc. raised C$150 million in gross proceeds via an IPO on the Toronto Stock Exchange.

The company sold 10 million subordinate voting shares at C$15 apiece. AHG's shares started trading on the exchange as of Dec. 11, and are listed under the ticker symbol AND. The company has granted underwriters a 30-day overallotment option to buy up to an additional 1.5 million shares for gross proceeds of up to C$22.5 million.

Vaughan, Ontario-based Andlauer Healthcare — led by president and CEO Michael Andlauer — provides logistics and transportation for the healthcare sector. Andlauer owns a 69.7% stake in the company.

RBC Capital Markets and CIBC Capital Markets were the lead underwriters and joint book runners for the IPO. BMO Capital Markets, National Bank Financial Inc., Scotiabank, TD Securities Inc., GMP Securities LP, INFOR Financial Inc. and Wellington-Altus Private Wealth Inc. served as underwriters. Goodmans LLP provided legal counsel, while Stikeman Elliott LLP did the same for the underwriters.

As part of the IPO, the company also acquired AHG Entities from its parent company Andlauer Management Group Inc. in exchange for 25,175,000 multiple voting shares, a noninterest bearing promissory note in the aggregate principal amount of $186.1 million and a noninterest bearing convertible promissory note in the principal amount of $13.9 million.