Private equity firm Birch Hill completes purchase of Rexall and Well.ca [Yahoo! Finance Canada]
McKesson Corporation (MCK)
Last mckesson corporation earnings: 2/4 07:00 am
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Source: Yahoo! Finance Canada
Birch Hill acquired the drugstore chain from previous owner McKesson Corp. in a transaction that closed Dec. 30, according to documents filed with the federal Competition Tribunal. Financial terms of the deal, which was first announced in September, have not been disclosed. Rexall operates 385 pharmacies across Canada and employs about 8,000 people. As part of the deal, Birch Hill also acquires Texas-based McKesson's Well.ca business, which offers more than 40,000 health and wellness products online. McKesson says divesting Rexall and Well.ca will allow it to focus on expanding its oncology and biopharma growth platforms. This report by The Canadian Press was first published Dec. 31, 2024. The Canadian Press Recommended Stories
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MCK
News
- McKesson Amplify Empowers State Pharmacy Associations Nationwide with Advocacy Funding [Yahoo! Finance]Yahoo! Finance
- McKesson Co. (NYSE: MCK) had its price target lowered by analysts at Bank of America Co. from $680.00 to $650.00. They now have a "buy" rating on the stock.MarketBeat
- 26 Physicians from Virginia Cancer Specialists Named to Washingtonian Magazine's Top Doctors List 2024 [Yahoo! Finance]Yahoo! Finance
- Private equity firm Birch Hill completes purchase of Rexall and Well.ca [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- McKesson Corporation Completes Divestiture of Canada-Based Rexall and Well.ca Businesses [Yahoo! Finance]Yahoo! Finance
MCK
Earnings
- 11/6/24 - Beat
MCK
Sec Filings
- 1/3/25 - Form 4
- 1/2/25 - Form 144
- 12/10/24 - Form 4
- MCK's page on the SEC website