Telus Corp. has completed its previously announced acquisition of LifeWorks Inc.
With the completion of the $2.9 billion transaction, LifeWorks has become a wholly owned subsidiary of Telus and will be integrated into Telus Health, according to a press release.
Read: Telus acquiring LifeWorks for $2.9 billion
“We are excited to be joining the Telus Health team to further advance our market-leading health and wellness offerings on a global scale to better serve our clients and their people,” said Stephen Liptrap, president and chief executive officer of LifeWorks, in the release.
“Combining our international client relationships with Telus’ proven expertise in digital transformation and service excellence will unlock significant cross-selling opportunities and deliver value to all stakeholders.”