CXSNF: Sale of Seven Nursing Homes in Ontario for $67M + De


Counsel Corporation (CXSNF) has agreed to sell its long-term care business, comprised of the assets and operations of seven nursing homes in Ontario with 1,127 beds, to Leisureworld Senior Care LP, which is owned 45% by Macquarie Power & Infrastructure Income Fund and 55% by Macquarie International Infrastructure Fund. The aggregate purchase price is approximately $67 million.

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