The Globe and Mail reports in its Thursday edition that Sun Life Financial is expanding its digital footprint with an all-cash offer to purchase a majority share of telemedicine company Dialogue Health Technologies for $277-million. The Globe's Clare O'Hara and Sean Silcoff write that Canada's second-largest insurer announced on Wednesday that it has entered into an agreement with Montreal-based Dialogue to indirectly acquire most of the outstanding common shares of the publicly traded telemedicine company it does not currently own for $5.15 a share, or $277-million. The deal is less than half the $12 stock price when Dialogue debuted on the Toronto Stock Exchange in March, 2021, but is 43 per cent higher than its $3.60 closing price on Tuesday. Sun Life already owns 23 per cent of Dialogue's shares. Dialogue chief executive officer Cherif Habib told The Globe that he is not disappointed with the takeover price as it reflects "difficult capital market conditions" and not the company's operating performance. "We could have continued independently, but I think for our shareholders the board determined that this was the best outcome," Mr. Habib said. The takeover will require shareholder and regulatory approval.