Skip to main content

AmerisourceBergen closes deal on Canadian distribution business divestiture

6/3/2013

VALLEY FORGE, Pa. — AmerisourceBergen on Monday announced that it has completed the divestiture of its Canadian pharmaceutical distribution business, AmerisourceBergen Canada Corporation. As previously announced, the business has been sold to Kohl & Frisch Limited, a Canadian-owned national full-line distributor. 


AmerisourceBergen will retain its Canadian specialty business.


In the quarter ended March 31, 2013, the company recorded an estimated loss on sale and other impairment charges of $161.7 million, which is subject to post closing purchase price adjustments. AmerisourceBergen expects to finalize these adjustments with Kohl & Frisch Limited during the quarter ending Sept. 30, 2013.




Get connected and follow us on LinkedIn for the most in-depth coverage of drug store news. Join the conversation.

X
This ad will auto-close in 10 seconds