Tag: the Loblaw Companies

The Loblaw Companies to Acquire Shoppers Drug Mart

The trend of consolidation continues. Just one week after Kroger announced it would buy Harris Teeter, there’s another big deal in the grocery industry.  Canada’s number one grocer, the Loblaw Companies, announced it would buy the top pharmacy chain, Shoppers Drug Mart, for $11.9 billion in cash and stock. It’s likely this acquisition is a direct …

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