McKesson agrees to buy Rexall

March 21, 2016 by MMR Katz Group, McKesson Corp., Rexall Health, Rexall/Rexall Pharma Plus. Canada 2016, Issue 03-21-2016, Issues

TORONTO — McKesson Corp. announced on March 2 that it would strengthen its position in Canada’s pharmaceutical supply chain by acquiring drug store operator Rexall Health from Katz Group for $3 billion (Canadian). Rexall Health operates 470 Rexall/Rexall Pharma Plus pharmacies in six provinces and one territory. McKesson already owns drug stores in Canada and