This day in history in 2014: Loblaw acquires Shopper Drug Mart for $12.4B
It’s been 10 years since Loblaw officially acquired Shoppers Drug Mart for $12.4 billion. Announced on March 28, 2014, the acquisition brought together the iconic Canadian brands to become the No. 1 grocery, pharmacy and beauty retailer.
See the announcement here.
Source: grocerybusiness.ca