Welltower to Sell Four Canadian Properties as Part of Consent Pact with Competition Bureau

Welltower has agreed to sell four properties in Canada as part of a consent agreement with the country's Competition Bureau. The agreement resolves concerns related to the company's proposed acquisition of 34 retirement home properties from Amica Senior Lifestyles. The bureau found that the acquisition would likely lead to a substantial lessening of competition in the Canadian retirement home market.