AmerisourceBergen closes deal on Canadian distribution business divestiture

VALLEY FORGE, Pa. — AmerisourceBergen on Monday announced that it has completed the divestiture of its Canadian pharmaceutical distribution business, AmerisourceBergen Canada Corporation. As previously announced, the business has been sold to Kohl & Frisch Limited, a Canadian-owned national full-line distributor. 

AmerisourceBergen will retain its Canadian specialty business.

In the quarter ended March 31, 2013, the company recorded an estimated loss on sale and other impairment charges of $161.7 million, which is subject to post closing purchase price adjustments. AmerisourceBergen expects to finalize these adjustments with Kohl & Frisch Limited during the quarter ending Sept. 30, 2013.

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