McKesson Canada Announces Offer to Acquire the Uniprix Group - Press Release - McKesson Canada Extranet
Transaction will strengthen longstanding business relationship
McKesson Canada announced today that it has offered to acquire all outstanding shares of Uniprix Inc. which owns and operates the Uniprix, Unipharm and Uniclinique banners. This transaction is subject to various closing conditions, including review and approval by the Competition Bureau of Canada and the consent of Uniprix's shareholders holding a majority of the outstanding shares. If the conditions to the offer are satisfied, McKesson Canada proposes to acquire the shares of Uniprix Inc. tendered into the offer, while member-pharmacists would remain owners of their pharmacies. The proposed transaction will therefore have no impact on the autonomy of pharmacists or their professional responsibilities.