Retail in brief | McKesson, Wesfarmers, API
8 April 2022
McKesson has completed the sale of of its UK businesses including Lloydspharmacy, and Wesfarmers has completed the takeover of Australian Pharmaceutical Industries (API).
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8 April 2022
McKesson has completed the sale of of its UK businesses including Lloydspharmacy, and Wesfarmers has completed the takeover of Australian Pharmaceutical Industries (API).
21 December 2021
McKesson has taken another step towards exiting the European market by agreeing a management buyout of its Austrian business, including Herba Chemosan Apotheker and Sanova Pharma.
1 December 2021
Walgreens Boots Alliance (WBA) has agreed to acquire the 30% stake in its German wholesaling joint venture with McKesson that it does not already own.
3 November 2021
McKesson Corporation is selling its UK businesses, including the Lloydspharmacy retail chain, to private-equity firm Aurelius for an enterprise value of GBP477 million (USD650 million).
13 September 2021
Walgreens Boots Alliance (WBA) has announced three senior appointments, Oriola has lost the managing director of its Kronans Apotek pharmacy chain, and McKesson has elected a new independent director.
6 August 2021
Australian Pharmaceutical Industries (API) has rejected a takeover offer from Wesfarmers, while CVS Health and McKesson have released financial results.
8 July 2021
McKesson has agreed to sell McKesson Europe’s businesses in several countries to German wholesaler and retailer Phoenix and is exploring strategic alternatives in a number of other countries including the UK with its Lloydspharmacy chain.
24 June 2021
A media report suggests McKesson is in talks to sell its European operations including the Lloydspharmacy retail chain.
6 May 2021
Alex Gourlay is leaving Walgreens Boots Alliance (WBA), Zur Rose has hired a chief strategy officer for Germany, and McKesson has released its annual results.
16 February 2021
McKesson is reported to be seeking a buyer for its UK operations which include LloydsPharmacy, while GNC has a new chief executive officer and chief financial officer.