New stock arbitrage— Andlauer Healthcare Group Inc.

Andlauer Healthcare Group is a leading and growing supply chain management company offering a robust platform of customized third-party logistics and specialized transportation solutions for the healthcare sector. The Company’s 3PL services include customized logistics, distribution and packaging solutions for healthcare manufacturers across Canada. AHG’s specialized transportation services, including air freight forwarding, ground transportation, dedicated delivery and last mile services, provide a one-stop shop for clients’ healthcare transportation needs. Through its complementary service offerings, available across a coast-to-coast distribution network, the Company strives to accommodate the full range of its clients’ specialized supply chain needs on an integrated and efficient basis.

 

Andlauer Healthcare Group announced today that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and CIBC Capital Markets to sell Subordinate Voting Shares, on a bought deal basis, of 10,000,000 Subordinate Voting Shares of Andlauer Healthcare Group at a price of $15.00 per Subordinate Voting Share, for total gross proceeds of $150 million. Closing is expected to occur on or about December 11, 2019.