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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. ...

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