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SAINSBURY’S PHARMACY BUSINESS / MCKESSON CORPORATION / J SAINSBURY PLC / Acquisition / Private / £125m

Synopsis

McKesson Corp, US healthcare technology company engaged in distributing pharmaceuticals, medical-surgical supplies, through its subsidiary Lloyds Pharmacy, has acquired Sainsbury’s pharmacy business including 281 pharmacies, based in UK , from J Sainsbury plc, local operater of supermarkets. The consideration is Stg125m ($194.75m) paid in cash.

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