Latest news with #BMO
Yahoo
6 hours ago
- Business
- Yahoo
BMO to acquire Burgundy Asset Management for $456m
BMO has agreed to acquire Toronto-headquartered Burgundy Asset Management for approximately C$625m ($456.2m) The acquisition aims to enhance BMO Wealth Management's offerings in the Canadian Investment Counsel space, targeting high-net-worth and ultra-high-net-worth clients. Burgundy, an independent wealth manager, managed around C$27bn in assets as of 31 May 2025. The deal consideration of C$625m will be paid in BMO common shares, with a $125m holdback contingent on Burgundy maintaining certain assets under management 18 months post-closing. It also includes an earn-out element, depending on the fulfilment of future growth targets. The deal is slated for completion by the end of 2025, contingent on regulatory approvals and other standard closing conditions. Upon completion, Burgundy will operate under BMO Wealth Management, remaining under the leadership of its existing CEO, Robert Sankey. Co-founders Tony Arrell and Richard Rooney will continue their roles within the organisation. Established in 1990, Burgundy employs 150 staff members and caters to clients from its offices in Toronto, Vancouver, and Montreal. KMS Capital, Origin Merchant Partners, and PJT Partners were financial advisors to Burgundy, while Torys provided legal counsel. BMO Capital Markets served as BMO's exclusive financial advisor, with Osler, Hoskin & Harcourt acting as legal counsel. BMO Financial Group group head of wealth management Deland Kamanga said: 'Burgundy Asset Management is one of Canada's most respected independent investment managers known for its high calibre team, rigorous investment process and dedicated service to private clients, institutions and family offices. 'The acquisition will build on BMO's heritage as a client-focused wealth manager while expanding our wealth advice and private investment counsel offering.' Burgundy chairman and co-founder Tony Arrell said: 'It has always been our intention to build Burgundy for the long run, so we can serve our clients and their families across generations. 'We are happy to be joining BMO, a North American leader, and believe this is a great opportunity to continue to serve our clients well into the future.' In March 2024, BMO Global Asset Management partnered with Carlyle to offer a globally diversified private equity portfolio, marking its third agreement to increase private markets' availability for Canadian accredited investors. BMO GAM will provide evergreen and closed-end funds to these investors through offering memorandums. "BMO to acquire Burgundy Asset Management for $456m " was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
6 hours ago
- Business
- Yahoo
BMO to buy wealth manager Burgundy in $456M deal
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. BMO agreed to acquire Toronto-based Burgundy Asset Management in a C$625 million ($456 million) deal expected to close by the end of the year, the institutions announced Thursday. 'In large part due to Burgundy's success, we have found it more difficult than expected to transition ownership of Burgundy from the founders and current leadership to the next generation of our people,' Tony Arrell, a co-founder of the wealth manager, told clients Thursday in a note seen by The Globe and Mail. BMO will hold back C$125 million of the purchase price on the condition that Burgundy maintains a minimum threshold of assets under management for 18 months after the deal closes. Burgundy counted $27 billion in AUM as of May 31. With the acquisition, BMO aims to boost its offerings that cater to high-net-worth and ultra-high-net-worth clients. After the transaction closes, Burgundy – which has 150 employees, along with offices in Toronto, Vancouver and Montreal – will operate as a part of BMO Wealth Management. Burgundy CEO Robert Sankey will continue to run the business. Arrell and fellow co-founder Richard Rooney will also remain with the business, BMO said. "It has always been our intention to build Burgundy for the long run, so we can serve our clients and their families across generations," Arrell said in a press release. 'After long study and much discussion, we ultimately determined that joining BMO, the strongest possible partner, offered the best path forward,' he said in the note to clients. BMO's pending purchase of Burgundy arguably represents a turn toward its home country of Canada as a pillar of growth. Historically, the U.S. has been a target for growth among Canadian lenders, but relations between the two neighbors have soured amid President Donald Trump's return to the White House, subsequent needling on tariffs, and persistent unsolicited comments that Canada should consider joining the U.S. Another Canadian lender, TD, has been trimming its U.S. exposure – though that likely is in response to a $434 billion asset cap regulators have put on the bank's U.S. retail business. The cap came in addition to more than $3 billion in penalties U.S. agencies handed the bank in October over deficiencies found in its money laundering safeguards. TD has since sold a $9 billion residential mortgage portfolio to Bank of America and signaled it would wind down a $3 billion portfolio tied to its U.S. point-of-sale financing business. Otherwise, investment in the U.S. by Canadian lenders has been touted as a source of strength. BMO in 2023 bought San Francisco-based Bank of the West in a $16.3 billion deal. Scotiabank agreed last August to take a nearly 15% stake in Cleveland-based KeyBank. And Royal Bank of Canada last year chose its longtime co-head of U.S. investment banking to serve as the Toronto lender's global head of investment banking – perhaps signaling the importance of the U.S. to the bank overall. As it stands, more than half of Burgundy's institutional client business comes from Canada, while 37% is in the U.S., according to the wealth manager's website. BMO Wealth Management, meanwhile, derived 19% of its net revenue last year from the U.S., according to Bloomberg. The BMO arm counted C$438 billion under management as of April 30. In a note to clients Thursday, Jefferies analyst John Aiken wrote that BMO's 'purchase price of 2.3% of assets under management represents reasonable value to expand [the bank's] high-net-worth client base.' Desjardins Securities analyst Doug Young said the deal aligns with BMO's plan to attain a 15% return on equity in the medium term, saying the price was 'in line with similar past transactions.' In another add-on to the deal, an earn-out component may also be paid depending on whether Burgundy hits certain growth targets. "Burgundy Asset Management is one of Canada's most respected independent investment managers known for its high calibre team, rigorous investment process and dedicated service to private clients, institutions and family offices," Deland Kamanga, group head of wealth management at BMO, said in Thursday's release. "The acquisition will build on BMO's heritage as a client-focused wealth manager while expanding our wealth advice and private investment counsel offering." Sign in to access your portfolio
Yahoo
7 hours ago
- Business
- Yahoo
BMO says lenacapavir approval for prevention a ‘major win' for Gilead
Although largely as expected by investors, BMO Capital says lenacapavir's approval for prevention, now known as Yeztugo, marks 'a major win for Gilead (GILD)' in driving meaningful growth in its pre-exposure prophylaxis business. A clean label, strong clinical data, and a convenient twice yearly dosing regimen, in line with patient physician visits, should drive strong commercial adoption for Yeztugo, says the analyst, who has an Outperform rating and $120 price target on Gilead shares. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on GILD: Disclaimer & DisclosureReport an Issue Cautious Optimism for Gilead Sciences Amid Yeztugo's Market Challenges Morgan Stanley says FDA approval of Yeztugo 'an expected positive' for Gilead Mizuho says Gilead Yeztugo label looks clean Gilead Sciences' Yeztugo Approval and Market Expansion Drive Buy Rating Gilead announces FDA approves Yeztugo as twice-a-year HIV prevention option
Cision Canada
10 hours ago
- Business
- Cision Canada
BMO Announces Cash and Reinvested Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for June 2025 Français
TORONTO, June 20, 2025 /CNW/ - BMO Asset Management Inc., as manager of the BMO ETFs, and BMO Investments Inc., as manager of the BMO Mutual Funds, today announced the June 2025 cash and reinvested distributions for unitholders of BMO ETFs and unitholders of exchange-traded series of units of the BMO Mutual Funds (collectively, the "ETF Series") that distribute monthly and quarterly, as set out in the table below. Unitholders of record of the BMO ETFs and the ETF Series of the BMO Mutual Funds at the close of business on June 27, 2025 will receive cash distributions payable on July 3, 2025. The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is June 27, 2025. Details of the per unit cash distribution amount are as follows: Monthly Distributions FUND NAME FUND TICKER CASH DISTRIBUTION PER UNIT $ BMO Aggregate Bond Index ETF ZAG 0.040 BMO Canadian MBS Index ETF ZMBS 0.060 BMO Discount Bond Index ETF ZDB 0.030 BMO Emerging Markets Bond Hedged to CAD Index ETF ZEF 0.045 BMO Equal Weight Banks Index ETF ZEB 0.145 BMO Equal Weight REITs Index ETF ZRE 0.090 BMO Equal Weight Utilities Index ETF ZUT 0.070 BMO High Yield US Corporate Bond Hedged to CAD Index ETF ZHY 0.056 BMO High Yield US Corporate Bond Index ETF ZJK 0.090 BMO High Yield US Corporate Bond Index ETF (USD Units)* ZJK.U 0.085 BMO Laddered Preferred Share Index ETF ZPR 0.050 BMO Laddered Preferred Share Index ETF (USD Units)* ZPR.U 0.080 BMO Long Corporate Bond Index ETF ZLC 0.060 BMO Long Federal Bond Index ETF ZFL 0.030 BMO Long Provincial Bond Index ETF ZPL 0.037 BMO Mid Corporate Bond Index ETF ZCM 0.055 BMO Mid Federal Bond Index ETF ZFM 0.030 BMO Mid Provincial Bond Index ETF ZMP 0.035 BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF ZMU 0.044 BMO Mid-Term US IG Corporate Bond Index ETF ZIC 0.061 BMO Mid-Term US IG Corporate Bond Index ETF (USD Units)* ZIC.U 0.045 BMO Real Return Bond Index ETF ZRR 0.050 BMO Short Corporate Bond Index ETF ZCS 0.045 BMO Short Federal Bond Index ETF ZFS 0.030 BMO Short Provincial Bond Index ETF ZPS 0.030 BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF ZSU 0.045 BMO US Aggregate Bond Index ETF ZUAG 0.065 BMO US Aggregate Bond Index ETF (Hedged Units) ZUAG.F 0.065 BMO US Aggregate Bond Index ETF (USD Units)* ZUAG.U 0.065 BMO US Preferred Share Hedged to CAD Index ETF ZHP 0.090 BMO US Preferred Share Index ETF ZUP 0.110 BMO US Preferred Share Index ETF (USD Units)* ZUP.U 0.100 BMO Balanced ETF (Fixed Percentage Distribution Units) ZBAL.T 0.155 BMO Canadian Dividend ETF ZDV 0.070 BMO Canadian High Dividend Covered Call ETF ZWC 0.100 BMO Covered Call Canadian Banks ETF ZWB 0.110 BMO Covered Call Canadian Banks ETF (USD Units)* ZWB.U 0.140 BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF ZWA 0.130 BMO Covered Call Energy ETF ZWEN 0.220 BMO Covered Call Health Care ETF ZWHC 0.160 BMO Covered Call Technology ETF ZWT 0.220 BMO Covered Call US Banks ETF ZWK 0.145 BMO Covered Call Utilities ETF ZWU 0.070 BMO Europe High Dividend Covered Call ETF ZWP 0.105 BMO Europe High Dividend Covered Call Hedged to CAD ETF ZWE 0.120 BMO Floating Rate High Yield ETF ZFH 0.070 BMO Global High Dividend Covered Call ETF ZWG 0.175 BMO Growth ETF (Fixed Percentage Distribution Units) ZGRO.T 0.180 BMO International Dividend ETF ZDI 0.080 BMO International Dividend Hedged to CAD ETF ZDH 0.080 BMO Monthly Income ETF ZMI 0.070 BMO Monthly Income ETF (USD Units)* ZMI.U 0.120 BMO Premium Yield ETF ZPAY 0.200 BMO Premium Yield ETF (Hedged Units) ZPAY.F 0.175 BMO Premium Yield ETF (USD Units) * ZPAY.U 0.180 BMO Ultra Short-Term Bond ETF ZST 0.112 BMO Ultra Short-Term US Bond ETF (USD Units)* ZUS.U 0.180 BMO USD Cash Management ETF ZUCM 0.107 BMO USD Cash Management ETF (USD Units)* ZUCM.U 0.104 BMO US Dividend ETF ZDY 0.070 BMO US Dividend ETF (USD Units)* ZDY.U 0.050 BMO US Dividend Hedged to CAD ETF ZUD 0.045 BMO US High Dividend Covered Call ETF ZWH 0.130 BMO US High Dividend Covered Call ETF (USD Units)* ZWH.U 0.125 BMO US High Dividend Covered Call Hedged to CAD ETF ZWS 0.105 BMO US Put Write ETF ZPW 0.125 BMO US Put Write ETF (USD Units)* ZPW.U 0.125 BMO US Put Write Hedged to CAD ETF ZPH 0.120 BMO Global Enhanced Income Fund (ETF Series) ZWQT 0.085 BMO Global Dividend Opportunities Fund (Active ETF Series) BGDV 0.034 BMO Global REIT Fund (Active ETF Series) BGRT 0.055 BMO Money Market Fund (ETF Series) ZMMK 0.120 BMO Global Infrastructure Fund (Active ETF Series) BGIF 0.050 BMO AAA CLO ETF ZAAA 0.135 BMO AAA CLO ETF (Hedged Units) ZAAA.F 0.134 BMO AAA CLO ETF (USD Units)* ZAAA.U 0.134 BMO Canadian Core Plus US Balanced ETF ZBCB 0.060 BMO US Dividend Growth ETF ZBDU 0.070 BMO US Dividend Growth ETF (Hedged Units) ZBDU.F 0.070 BMO Covered Call Spread Gold Bullion ETF ZWGD 0.125 Quarterly Distributions FUND NAME FUND TICKER CASH DISTRIBUTION PER UNIT $ BMO BBB Corporate Bond Index ETF ZBBB 0.290 BMO Canadian Bank Income Index ETF ZBI 0.320 BMO Corporate Bond Index ETF ZCB 0.470 BMO Dow Jones Industrial Average Hedged to CAD Index ETF ZDJ 0.190 BMO Equal Weight Industrials Index ETF ZIN 0.150 BMO Equal Weight Oil & Gas Index ETF ZEO 0.660 BMO Equal Weight US Banks Hedged to CAD Index ETF ZUB 0.185 BMO Equal Weight US Banks Index ETF ZBK 0.195 BMO ESG Corporate Bond Index ETF ESGB 0.265 BMO ESG US Corporate Bond Hedged to CAD Index ETF ESGF 0.240 BMO Global Communications Index ETF COMM 0.120 BMO Global Consumer Discretionary Hedged to CAD Index ETF DISC 0.075 BMO Global Consumer Staples Hedged to CAD Index ETF STPL 0.130 BMO Global Infrastructure Index ETF ZGI 0.350 BMO Government Bond Index ETF ZGB 0.320 BMO High Quality Corporate Bond Index ETF ZQB 0.270 BMO Japan Index ETF ZJPN 0.150 BMO Japan Index ETF (Hedged Units) ZJPN.F 0.190 BMO Long-Term US Treasury Bond Index ETF ZTL 0.280 BMO Long-Term US Treasury Bond Index ETF (Hedged Units) ZTL.F 0.240 BMO Long-Term US Treasury Bond Index ETF (USD Units)* ZTL.U 0.270 BMO Mid-Term US Treasury Bond Index ETF ZTM 0.360 BMO Mid-Term US Treasury Bond Index ETF (USD Units)* ZTM.U 0.360 BMO MSCI ACWI Paris Aligned Climate Equity Index ETF ZGRN 0.110 BMO MSCI All Country World High Quality Index ETF ZGQ 0.120 BMO MSCI Canada Selection Equity Index ETF ESGA 0.250 BMO MSCI Canada Value Index ETF ZVC 0.210 BMO MSCI EAFE Selection Equity Index ETF ESGE 0.220 BMO MSCI EAFE Hedged to CAD Index ETF ZDM 0.180 BMO MSCI EAFE High Quality Index ETF ZIQ 0.120 BMO MSCI EAFE Index ETF ZEA 0.150 BMO MSCI Europe High Quality Hedged to CAD Index ETF ZEQ 0.130 BMO MSCI Global Selection Equity Index ETF ESGG 0.150 BMO MSCI USA Selection Equity Index ETF ESGY 0.110 BMO MSCI USA Selection Equity Index ETF (Hedged Units) ESGY.F 0.090 BMO MSCI USA High Quality Index ETF ZUQ 0.110 BMO MSCI USA High Quality Index ETF (Hedged Units) ZUQ.F 0.070 BMO MSCI USA High Quality Index ETF (USD Units)* ZUQ.U 0.075 BMO MSCI USA Value Index ETF ZVU 0.150 BMO S&P 500 Hedged to CAD Index ETF ZUE 0.200 BMO S&P 500 Index ETF ZSP 0.210 BMO S&P 500 Index ETF (USD Units)* ZSP.U 0.160 BMO S&P/TSX 60 Index ETF ZIU 0.400 BMO S&P/TSX Capped Composite Index ETF ZCN 0.230 BMO S&P US Mid Cap Index ETF ZMID 0.130 BMO S&P US Mid Cap Index ETF (Hedged Units) ZMID.F 0.120 BMO S&P US Mid Cap Index ETF (USD Units)* ZMID.U 0.130 BMO S&P US Small Cap Index ETF ZSML 0.130 BMO S&P US Small Cap Index ETF (Hedged Units) ZSML.F 0.120 BMO S&P US Small Cap Index ETF (USD Units)* ZSML.U 0.130 BMO Short-Term Bond Index ETF ZSB 0.390 BMO Short-Term US TIPS Index ETF ZTIP 0.270 BMO Short-Term US TIPS Index ETF (Hedged Units) ZTIP.F 0.240 BMO Short-Term US TIPS Index ETF (USD Units)* ZTIP.U 0.250 BMO Short-Term US Treasury Bond Index ETF ZTS 0.360 BMO Short-Term US Treasury Bond Index ETF (USD Units)* ZTS.U 0.350 BMO All-Equity ETF ZEQT 0.220 BMO Balanced ESG ETF ZESG 0.180 BMO Balanced ETF ZBAL 0.220 BMO Conservative ETF ZCON 0.220 BMO Corporate Discount Bond ETF ZCDB 0.140 BMO Global Agriculture ETF ZEAT 0.130 BMO Growth ETF ZGRO 0.220 BMO Long Short Canadian Equity ETF ZLSC 0.160 BMO Long Short US Equity ETF ZLSU 0.120 BMO Low Volatility Canadian Equity ETF ZLB 0.280 BMO Low Volatility International Equity ETF ZLI 0.160 BMO Low Volatility International Equity Hedged to CAD ETF ZLD 0.170 BMO Low Volatility US Equity ETF ZLU 0.270 BMO Low Volatility US Equity ETF (USD Units)* ZLU.U 0.190 BMO Low Volatility US Equity Hedged to CAD ETF ZLH 0.170 BMO Short-Term Discount Bond ETF ZSDB 0.100 BMO US Equity Buffer Hedged to CAD ETF – January ZJAN 0.042 BMO US Equity Buffer Hedged to CAD ETF – April ZAPR 0.041 BMO US Equity Buffer Hedged to CAD ETF – July ZJUL 0.041 BMO US Equity Buffer Hedged to CAD ETF – October ZOCT 0.043 BMO Brookfield Global Real Estate Tech Fund (ETF Series) TOWR 0.120 BMO Brookfield Global Renewables Infrastructure Fund (ETF Series) GRNI 0.160 BMO Core Plus Bond Fund (ETF Series) ZCPB 0.200 BMO Global Innovators Fund (Active ETF Series) BGIN 0.020 BMO Global Strategic Bond Fund (ETF Series) ZGSB 0.300 BMO Sustainable Global Multi-Sector Bond Fund (ETF Series) ZMSB 0.250 BMO Tactical Dividend ETF Fund (ETF Series) ZZZD 0.300 BMO Target 2027 Canadian Corporate Bond ETF ZXCO 0.900 BMO Target 2028 Canadian Corporate Bond ETF ZXCP 0.100 BMO Target 2029 Canadian Corporate Bond ETF ZXCQ 0.100 Quarterly Distributions - Automatically Reinvested The following quarterly cash distributions are distributed and automatically reinvested in additional Accumulating Units of the applicable BMO ETF, which are consolidated immediately. *Cash distribution per unit ($) amounts are USD for ZAAA.U, ZJK.U, ZPR.U, ZIC.U, ZUAG.U, ZUP.U, ZWB.U, ZMI.U, ZPAY.U, ZUS.U, ZUCM.U, ZDY.U, ZWH.U, ZPW.U, ZTL.U, ZTM.U, ZUQ.U, ZSP.U, ZMID.U, ZSML.U, ZTIP.U, ZTS.U, and ZLU.U. Further information about BMO ETFs and ETF Series of the BMO Mutual Funds can be found at Commissions, management fees and expenses all may be associated with investments in BMO ETFs and ETF Series of the BMO Mutual Funds. Please read the applicable ETF Facts document or prospectus before investing. BMO ETFs and ETF Series of the BMO Mutual Funds are not guaranteed, their values change frequently, and past performance may not be repeated. For a summary of the risks of an investment in the BMO ETFs or ETF Series of the BMO Mutual Funds, please see the specific risks set out in the simplified prospectus. Units of the BMO ETFs and ETF Series securities of the BMO Mutual Funds may be bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. Distributions are not guaranteed and are subject to change and/or elimination. BMO ETFs are managed by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal. The ETF Series of the BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank of Montreal. "BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence. About BMO Financial Group BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of April 30, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.
The Hindu
12 hours ago
- Health
- The Hindu
After 13 attempts, a reluctant pregnant tribal woman in Tamil Nadu persuaded into hospital visit
A five-and-a-half-month pregnant woman from Onthanai hamlet in the Bargur Hills of Erode district, who is anaemic, repeatedly refused hospital care for prenatal check-ups despite persistent efforts by health workers. It took a 13th visit and four hours of persuasion on Wednesday (June 18, 2025) to finally take her to the hospital. Malliga (21), from the Solagar community, is married to Madesh. While living in Coimbatore two years ago, she suffered a miscarriage two months into her first pregnancy and was diagnosed with anaemia at the Coimbatore Medical College Hospital. A year ago, the couple returned to their native village. Evasion tactic Four months into her current pregnancy, doctors advised a blood transfusion, which was carried out at the Government Erode Medical College and Hospital in Perundurai. Despite medical advice, she refused to follow up with any visits to the Bargur Primary Health Centre. Over the past two-and-a-half months, she evaded health workers on 12 occasions. On spotting their vehicles, she would lock her house and flee into the nearby forest, just 50 metres away. On June 18, a team led by Anthiyur Block Medical Officer (BMO) Dr. Sri Sakthi Krishnan — along with health staff, police personnel, and local residents — visited her home. Initially, the BMO assured her she would not be taken to the hospital, prompting her to allow a basic check of her vitals. When he explained how untreated anaemia could affect the baby's development, she remained adamant about opting for a home birth. Dr. Krishnan then called her husband, who works in Getticheviyur. Madesh urged her to go to the hospital. Still hesitant, she was warned about the risk of Intrauterine Growth Restriction (IUGR). Relatable call A turning point came when Malliga was shown a video of another pregnant woman who had initially refused care, but later benefitted from hospital treatment. The other woman was contacted through phone and she spoke to Malliga, encouraging her to trust the doctor. United effort Though encouraged, Malliga retreated into her house and stayed there for 30 minutes, declaring she wouldn't come. After continued persuasion by the BMO, staff, family and locals, she finally agreed and was taken to the Government Hospital in Anthiyur in a 108 ambulance. 'I spoke to her from 9:30 a.m. to 2 p.m. and persuaded her,' Dr. Krishnan told The Hindu. Tests revealed her haemoglobin level was 9.5 — below the normal 11 — confirming anaemia. However, her echocardiogram and ultrasound showed no complications. Malliga was later dropped home in the ambulance and she promised to attend regular check-ups. Dr. Krishnan noted that persuading women in remote tribal hill regions to seek institutional care remains a serious challenge, as health staff continue efforts to raise awareness about the risks home deliveries pose to both mother and child.
