Hims & Hers Health to Acquire Australia's Eucalyptus for $1.15 Billion

Hims & Hers Health is set to acquire Australian telehealth company Eucalyptus for up to $1.15 billion, expanding its presence in Australia, Japan, the UK, Germany, and Canada.

19 Feb, 11:10 — 19 Feb, 12:00

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Why this matters

This acquisition signifies Hims & Hers Health's strategic expansion into international markets, particularly in the digital health sector. It allows the company to broaden its global footprint and potentially increase its market share in a rapidly growing industry.

Key entitiesHims & Hers Health Eucalyptus Australia Japan United Kingdom Germany Canada

The Story

What 4 sources agree on, dispute, and miss

What sources agree on

Hims & Hers Health is acquiring Eucalyptus.
The acquisition price is approximately $1.15 billion.
Eucalyptus is an Australian digital health firm.

Key claims4 agreed · 2 unverified

✓

Hims & Hers Health will acquire Eucalyptus.

agreed·wsjseeking-alphacnbcReuters

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The acquisition value is $1.15 billion.

agreed·wsjcnbcReuters

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The acquisition value is over $1 billion.

agreed·seeking-alpha

✓

Eucalyptus is an Australian digital health firm.

agreed·seeking-alphacnbcReuters

The deal gives Hims & Hers a foothold in Australia and Japan.

unverified·cnbc

The deal deepens Hims & Hers' presence in the United Kingdom, Germany, and Canada.

unverified·cnbc

Coverage gaps

The strategic market expansion for Hims & Hers, including new footholds in Australia and Japan, and deeper presence in the United Kingdom, Germany, and Canada.

Reportedcnbc

Missingwsjseeking-alphaReuters