M&A
confidence high
sentiment neutral
materiality 0.55
Best Buy acquires Current Health Ltd., a care-at-home tech platform
BEST BUY CO INC
- Acquisition of Current Health Ltd., a UK-based care-at-home platform combining remote patient monitoring, telehealth, and patient engagement.
- Transaction expected to close by end of fiscal Q4 2022 (January 2022), subject to regulatory approvals.
- Financed with cash; will not affect previously announced share repurchase plan of over $2.5 billion in fiscal 2022.