Rexall Health drugstore chain changing hands in $3B deal

Calgary-based Katz Group has agreed to sell the Rexall Health drugstore chain, including its 470 retail pharmacies, in a C$3-billion deal with San Francisco-based health care company McKesson.

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McKesson says the friendly deal is the next natural step to take between the two companies, which have worked together for 20 years.

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