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Teladoc to acquire French telemedicine provider MédecinDirect

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Teladoc to acquire French telemedicine provider MédecinDirect

Teladoc Health Inc. agreed to acquire the Paris-based telemedicine provider MédecinDirect.

Purchase, N.Y.-based Teladoc said in a March 19 press release that it will not disclose the terms of the transaction.

On completion, MédecinDirect will operate as the French country unit of Teladoc, which has existing operations in the U.K., Australia, Canada, Spain, Portugal, Hungary, China, Chile and Brazil.

Teladoc expects to complete the acquisition in the first half of 2019, subject to regulatory approvals, and noted that the deal will have no significant impact on its financial results.