Rexall

Irving’s McKesson Corp. Completes Sale of Canada-Based Businesses to Private Equity Firm

by | Jan 2, 2025

Irving-based McKesson Corp. has finalized the sale of its Canada-based Rexall and Well.ca businesses to Birch Hill Equity Partners, a mid-market Canadian private equity firm.

McKesson said the deal enables it to focus capital deployment and prioritize investments expanding its strategic oncology and biopharma growth platforms.

The deal, which was announced in September, closed on Dec....

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