Uniprix shareholders approve proposed acquisition by McKesson Canada

BY Michael Johnsen

MONTREAL — A total of 95% of Uniprix Group's shareholders on Tuesday approved McKesson Canada's previously announced bid to acquire all outstanding shares of Uniprix, the Group reported Tuesday.

"We are pleased that our members believe in this acquisition as well as our commitment to protect the autonomy of independent pharmacy owners," stated Philippe Duval, president and CEO, Uniprix. "We have a long history of working with McKesson Canada and this transaction provides a platform to support a bright future for Uniprix's independent pharmacy owners to deliver quality care to patients across Quebec."

The acquisition remains subject to closing conditions and regulatory approvals, including the approval by the Superior Court of Quebec and the Competition Bureau of Canada.



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