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Ventas to buy New Senior Investment in $2.3 bln deal

June 28, 2021 at 09:14 am EDT

June 28 (Reuters) - Ventas Inc said on Monday it would buy New Senior Investment Group in an all-stock transaction valued at about $2.3 billion to help the healthcare-focused real estate investment trust expand into the senior housing market.

The deal includes $1.5 billion of debt. (Reporting by Manas Mishra in Bengaluru; Editing by Maju Samuel)

© Reuters - 2021

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