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Chartwell Master agrees to divestitures to clear Sifton deal with Canada's Competition Bureau

( March 12, 2026, 14:36 GMT | Official Statement) -- MLex Summary: Chartwell Master Care has agreed to sell its Clair Hills retirement home located in Waterloo, Ontario, to resolve competition concerns related to its proposed acquisition of six retirement homes from Sifton Properties, Canada’s Competition Bureau announced. A Bureau review concluded that the transaction would likely result in a substantial lessening of competition in health care services and accommodations provided by licensed retirement homes in the Kitchener-Waterloo, Ontario area.Statement follows below:...

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