San Francisco-Based McKesson Buys Canadian Drug Store Chain
The deal will consolidate Canada's second-largest pharmacy chain into U.S. hands.
Rexall Pharmacy Chain Sold To U.S. Health Firm McKesson In $3B Deal
Canadian drug store chain Rexall is set to be bought by U.S. health-services company McKesson Corp. in a $3 billion deal. The Edmonton-based chain of 470 pharmacies announced the deal, in a release on Wednesday, that will see the company move to the hands of San Francisco-based McKesson, but keep operating under the names Rexall and Pharmaplus in Canada. (Evans, 3/2)