Mergers and Acquisitions

GE HealthCare in its agreement to acquire Intelerad for US$2.3 billion GE HealthCare in its agreement to acquire Intelerad for US$2.3 billion

GE Healthcare Technologies Inc.
Key Contact
Kai Sheffield

Partner, Corporate, Toronto

Team
Kevin Feng

Associate, Corporate, Toronto

Alexandra Alacchi

Associate, Corporate, Toronto

Stephanie Shuter

Associate, Corporate, Toronto

Keira Chadwick

Articling Student, Toronto

Allison Feng

Articling Student, Toronto

Firoz Ahmed

Partner, Tax, Toronto

David Davachi

Partner, Tax, Toronto

Alina Tamm

Associate, Tax, Toronto

Shuli Rodal

Partner, Competition/Antitrust and Foreign Investment, Toronto

Kelly O’Ferrall

Partner, Employment and Labour, Ottawa

Gabrielle Cournoyer

Associate, Pension and Benefits; Employment and Labour, Montréal

Jonathan Marin

Partner, Pensions and Benefits, Toronto

Emily Kim

Associate, Pensions and Benefits, Toronto

Lynne Lacoursière

Partner, Corporate, Toronto

Sabrina Jackson-Nazareth

Associate, Corporate, Toronto

Adam LaRoche

Partner, Privacy and Data Management; Employment and Labour, Calgary

Maryna Polataiko

Associate, Privacy and Data Management, Toronto

Erika Romanow

Associate, Employment and Labour; Privacy and Data Management, Calgary

Kelly Moffatt

Partner, Commercial, Toronto

Sam Ip

Partner, Technology, Toronto

Justin P’ng, CIPP/C/US

Associate, Privacy and Data Management, Toronto

Yan A. Besner

Partner, Real Estate, Montréal

Vincent Brais

Associate, Real Estate, Montréal

Jessica Bardakji

Associate, Real Estate, Montréal

Susan Newell

Partner, Health, Toronto

Aya Fahmi

Associate, Health, Toronto

Matthew Kronby

Partner, Competition, Trade and Foreign Investment, Toronto

Sergey Stefanishin

Associate Director, Osler Works – Transactional, Toronto

On November 20, 2025, GE Healthcare Technologies Inc., a leading global healthcare solutions provider, announced it has entered into an agreement to acquire Intelerad for a purchase price of US$2.3 billion in cash. Intelerad, which has operations in Canada and the U.S., is a leading medical imaging software and digital enterprise workflow solutions company offering cloud-first products designed for radiology and cardiology that are used in both inpatient and outpatient care settings. This transaction will bring together GE Healthcare’s extensive AI portfolio with Intelerad’s cloud and AI orchestration capabilities.

Osler, Hoskin & Harcourt LLP advised GE Healthcare Technologies Inc. as Canadian counsel with a team consisting of Kai Sheffield, Kevin Feng, Alexandra Alacchi, Stephanie Shuter, Keira Chadwick and Allison Feng (Corporate), Firoz Ahmed, David Davachi and Alina Tamm (Tax), Shuli Rodal (Competition), Kelly O’Ferrall and Gabrielle Cournoyer (Employment & Labour), Jon Marin and Emily Kim (Pensions & Benefits), Lynne Lacoursière and Sabrina Jackson-Nazareth (Executive Compensation), Adam LaRoche, Maryna Polataiko and Erika Romanow (Privacy), Kelly Moffatt (Intellectual Property), Sam Ip and Justin P’ng (Technology), Yan Besner, Vincent Brais and Jessica Bardakji (Real Estate), Susan Newell and Aya Fahmi (Health), Matthew Kronby (Trade and Foreign Investment), and Sergey Stefanishin and Lynnea Maki (Osler Works – Transactional).

Value
US$2.3 billion
Date Announced
November 20, 2025
Lead Office
Toronto
Key Contact
Kai Sheffield

Partner, Corporate, Toronto

Team
Kevin Feng

Associate, Corporate, Toronto

Alexandra Alacchi

Associate, Corporate, Toronto

Stephanie Shuter

Associate, Corporate, Toronto

Keira Chadwick

Articling Student, Toronto

Allison Feng

Articling Student, Toronto

Firoz Ahmed

Partner, Tax, Toronto

David Davachi

Partner, Tax, Toronto

Alina Tamm

Associate, Tax, Toronto

Shuli Rodal

Partner, Competition/Antitrust and Foreign Investment, Toronto

Kelly O’Ferrall

Partner, Employment and Labour, Ottawa

Gabrielle Cournoyer

Associate, Pension and Benefits; Employment and Labour, Montréal

Jonathan Marin

Partner, Pensions and Benefits, Toronto

Emily Kim

Associate, Pensions and Benefits, Toronto

Lynne Lacoursière

Partner, Corporate, Toronto

Sabrina Jackson-Nazareth

Associate, Corporate, Toronto

Adam LaRoche

Partner, Privacy and Data Management; Employment and Labour, Calgary

Maryna Polataiko

Associate, Privacy and Data Management, Toronto

Erika Romanow

Associate, Employment and Labour; Privacy and Data Management, Calgary

Kelly Moffatt

Partner, Commercial, Toronto

Sam Ip

Partner, Technology, Toronto

Justin P’ng, CIPP/C/US

Associate, Privacy and Data Management, Toronto

Yan A. Besner

Partner, Real Estate, Montréal

Vincent Brais

Associate, Real Estate, Montréal

Jessica Bardakji

Associate, Real Estate, Montréal

Susan Newell

Partner, Health, Toronto

Aya Fahmi

Associate, Health, Toronto

Matthew Kronby

Partner, Competition, Trade and Foreign Investment, Toronto

Sergey Stefanishin

Associate Director, Osler Works – Transactional, Toronto