Welltower agrees to sell retirement homes to get Canada approval for Amica deal
( March 25, 2026, 15:58 GMT | Official Statement) -- MLex Summary: Welltower has agreed to sell four retirement homes from its existing portfolio in Victoria, Northwest Vancouver, Brampton and Ottawa to resolve competition concerns over its proposed acquisition of 34 properties from Amica Senior Lifestyles, Canada’s Competition Bureau announced. The bureau concluded that the proposed transaction would likely result in a substantial lessening of competition in accommodation and health care services provided by licensed private pay retirement homes in areas of British Columbia and Ontario. The sales will be made to independent purchasers to be approved by the commissioner of competition.Statement follows in full. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.