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Herbalife to Acquire Assets of Pro2col Health and Pruvit Ventures, and Controlling Ownership Interest in Link BioSciences

1. Herbalife is acquiring assets from Pro2col Health and Pruvit Ventures. 2. The acquisition includes a controlling interest in Link BioSciences.

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FAQ

Why Bullish?

The acquisition strengthens Herbalife's position in the health tech market, potentially increasing revenue streams, similar to past acquisitions that boosted share valuations significantly.

How important is it?

This acquisition signals strategic growth in Herbalife's offerings, likely appealing to investors interested in health tech innovations.

Why Long Term?

The integration of new digital health solutions will take time to show tangible results, reflecting trends seen in previous tech-oriented acquisitions.

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PRUVLINKAMGN
LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd. (NYSE: HLF), a premier health and wellness company, community and platform, today announced it has entered into a binding memorandum of understanding to acquire 100% of the assets of Pro2col Health LLC (Pro2col) and Pruvit Ventures, Inc. (Pruvit), as well as a 51% controlling ownership interest in Link BioSciences Inc. (Link BioSciences). Pro2col is a health and wellness digital application company, which will use individual biometrics to provide per.

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