Saturday, 26 September 2015

Rexall Acquisition

Before the end of 2016, will Rexall announce that it is to be acquired?
Yes: 15%
(The acquisition does not actually have to take place for this question to close)

There has been some recent speculation that Rexall, a Canadian pharmacy chain, might be acquisition target (see article here).  The inspiration seems to be the recent acquisition of  Shoppers Drug Mart by Loblaw; many of the potential purchasers of Rexall are competitors of Loblaw.

There do not seem to be any internal rumours of impending acquisition, and no one from Rexall is quoted in the article.  The article mentions that a potential deal "could take years to come to fruition".  Given all of the provisos, I think that it is relatively unlikely that Rexall will be acquired by the end of 2016.

No comments:

Post a Comment