McKesson Canada withdraws offer to purchase all shares of Uniprix Inc.



    MONTREAL, Feb. 27 /CNW Telbec/ - McKesson Canada announced today that it
is withdrawing its January 19, 2009 offer to purchase all of the issued and
outstanding shares of Uniprix Inc. since the conditions of the offer were not
met. The number of shares tendered did not reach the minimum number of shares
required pursuant to the conditions of the offer, which Uniprix's Board of
Directors had considered fair and adequate for Class A shareholders. McKesson
Canada therefore decided not to extend its offer and consequently, it will not
take up any shares tendered pursuant to the offer.
    "Despite withdrawing our offer, McKesson Canada will continue to support
the independent pharmacy business model. As such, our desire to help the
Uniprix Group succeed and to see further growth among its banners remains
strong, and we wish to pursue our longstanding business relationship,"
explains Domenic Pilla, President, McKesson Canada.

    About McKesson Canada

    Founded more than 100 years ago, McKesson Canada is the leading provider
of logistics as well as information products and services within the Canadian
health care marketplace. McKesson Canada carries more than 35,000 products, in
17 distribution centers, and provides logistics and distribution to more than
800 manufacturers - delivering their products to 6,300 retail pharmacies,
1,350 hospitals, long-term care centers, clinics and institutions throughout
Canada. Beyond pharmaceutical distribution, McKesson Canada has provided
automation services for 2,500 retail pharmacies; and is also active in
hospital automation solutions, dispensing more than 100 million doses each
year. The company also provides a full range of services to Canadian
manufacturers and healthcare providers, contributing to the quality and safety
of care for Canadian patients.




For further information:

For further information: McKesson Canada: Line Chapdelaine, Director,
Corporate Communications, McKesson Canada, (514) 832-8480,
line.chapdelaine@mckesson.ca; McKesson Corporation: James Larkin, Director,
Corporate Public Relations, McKesson Corporation, (415) 983-8736,
james.larkin@mckesson.com; Ana Schrank, Vice President, Investor Relations,
McKesson Corporation, (415) 983-7153, ana.schrank@mckesson.com

Organization Profile

McKesson Canada

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890