12:11 PM EST - Chartwell Seniors Housing REIT : and Groupe Melior said Chartwell will acquire the remaining 50% interest owned by Melior in seven retirement properties in the Province of Quebec, as well as Melior's 50% interest in the joint venture property management company looking after all of Chartwell's communities in Quebec. Under the terms of the agreement, the price to be paid by Chartwell for the 50% interest in the seven properties and the management company will be determined by independent appraisers. Chartwell Seniors Housing REIT
units T.CSH.UN are trading down 16 cents at $7.42.