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/R E P E A T -- METRO INC. to acquire The Jean Coutu Group (PJC) Inc. for $4.5 billion/
/R E P E A T -- METRO INC. to acquire The Jean Coutu Group (PJC) Inc. for $4.5 billion/ ...
About this update from Metro Inc.
[{"type":"text","content":"\n\n\n\n/R E P E A T -- METRO INC. to acquire The Jean Coutu Group (PJC) Inc. for $4.5 billion/\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-BOTTOM:black 1pt solid; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prngen5{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid\n}\n.prngen4{\nBORDER-BOTTOM:black 1pt solid; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid\n}\n.prnsbls{\nBORDER-LEFT:black 1pt solid\n}\n.prntblns{\nBORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt\n}\n.prnsbbs{\nBORDER-BOTTOM:black 1pt solid\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnrbrs{\nBORDER-RIGHT:black 1pt solid\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbts{\nBORDER-TOP:black 1pt solid\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTRÉAL, Oct. 2, 2017\n\n\n\nCombination of the Jean Coutu Group and METRO will create a new leader in food, pharmacy, health and beauty\n\n\nCombination of two leading companies will create $16-billion retail leader strongly positioned to cater to growing consumer needs in food, pharmacy, health and beauty.\nMETRO gains Jean Coutu Group's iconic brand, extensive network of more than 400 drugstores and state-of-the-art distribution center, providing increased scale and reach, operational efficiencies and enhanced growth potential.\nFinancially and commercially attractive deal due to highly complementary operations, entrepreneurial cultures, seasoned management teams; $75 million in expected synergies within three years.\nThe Jean Coutu Group, including METRO's pharmacy distribution and franchising activities, will operate as a stand-alone division of METRO. \nThe Jean Coutu Group shareholders will become important shareholders...