The Globe and Mail reports in its Wednesday edition that Telus is aiming to have a commitment in place from a prospective partner for its Telus Health division before its incoming chief executive officer takes over this summer, chief financial officer Doug French said Tuesday. The Globe's Irene Galea writes that the company hopes to have "a relationship, a short list, or a letter of intent" for its health business before Victor Dodig officially takes over in July, Mr. French said at a banking conference Tuesday. Telus said last year the company could sell a minority stake in the division or spin it off in an initial public offering, but retain majority ownership for the foreseeable future. The company could also seek a strategic investor. "We're now well under way, so I'm very confident we'll have something" this year, Mr. French said. "I'm hoping we'll have something before Victor starts, at least in a signed or announceable state," he said. He added he expects "the pitch books to be out and be ready within the next 30 days." Current CEO Darren Entwistle, who is retiring June 30 after 26 years at the Vancouver telco, has championed the health division and long planned for its spinout. Mr. Dodig becomes CEO on July 1.