Welltower's Affiliate to Acquire NorthStar Healthcare for $900M
Welltower(WELL) ZACKS·2025-01-31 02:20
Welltower, Inc. (WELL) recently announced that its affiliate plans to acquire NorthStar Healthcare and its portfolio of 40 senior living communities in an all-cash transaction for approximately $900 million.The proposed acquisition, subject to customary closing conditions, is expected to close in the first half of 2025. The acquisition has been unanimously approved by NorthStar Healthcare's board of directors, while shareholders of NorthStar Healthcare will vote on the merger at a special meeting. The merge ...