Here are five things you need to know this morning.
After putting the chain up for sale earlier this year, McKesson Corp. has found a buyer for the Rexall pharmacy chain and Well.ca online portal., the company said in a release. Rexall, which runs 385 pharmacies across Canada and has more than 8,000 employees, was bought by McKesson for almost $3 billion in 2016, but the Texas-based chain put the business on the block earlier this year.
McKay said he isn’t interested in paying for someone else’s problems by buying up a regional player and its customer base . “The first question I always ask myself on an acquisition is: ‘Why are they selling and what problems am I inheriting, and can I run this business better than the current management team can?’” McKay said, a quote that strikes me as excellent advice for any C-suite exec.the day before, the numbers are a bit of a mixed bag. The Toronto Region Real Estate Board says there were 4,974 homes sold across the GTA last month. That’s 5.
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