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Rx Drug Mart

Rx Drug Mart lands financing to grow pharmacy network

Rx Drug Mart lands financing to grow pharmacy network

MONTREAL — Startup Canadian drug chain Rx Drug Mart Inc. has obtained financing to fuel its growth strategy. BDC Capital said Monday that it has closed a $10 million minority equity investment in Toronto-based Rx Drug Mart (RxDM), alongside Persistence Capital Partners (PCP) and RxDM’s other existing shareholders. The equity investment finances RxDM’s acquisition of

McKesson Canada to divest 27 Rexall drug stores

ST. LAURENT, Quebec — McKesson Corp. is selling 27 Rexall drug stores to Rx Drug Mart under a consent agreement with the Competition Bureau of Canada for its $2.2 billion (Canadian) acquisition of Rexall Health. The Competition Bureau said last month that it has approved Rx Drug Mart, a Toronto-based independent pharmacy network, as the

McKesson finds buyer for divested Rexall drug stores

McKesson finds buyer for divested Rexall drug stores

OTTAWA — McKesson Corp. is selling 27 Rexall drug stores to Rx Drug Mart Inc. under a consent agreement with the Competition Bureau of Canada for its $2.2 billion acquisition of Rexall Health. The Competition Bureau said Friday that it has approved Rx Drug Mart, a Toronto-based independent pharmacy network, as the buyer of the