MobiHealth News June 6, 2023
Doctor Care Anywhere has sold the company to My Emergency Doctor.
Over two years since it was first acquired, GP2U Telehealth is being sold off again.
Its parent company, UK-based Doctor Care Anywhere Group, signed a share purchase agreement to sell its Australian subsidiary to My Emergency Doctor for A$3 million ($2 million).
The deal, which is still subject to shareholder approval, is expected to be completed by end June.
WHY IT MATTERS
In a media release, DCA said it decided to sell GP2U to focus on its core UK market. “Completing the sale of GP2U will further cement this strategy, enabling management to focus on UK growth and profitability going forward,” said DCA Chairman John Stier.
“We are also...
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