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News & Events

BIG DEAL: Neighbourly Pharmacy Inc. announces agreement to acquire Rubicon Pharmacies

Mar 15, 2022

Congratulations to Neighbourly Pharmacy Inc. on its announcement that on March 10,Big Deal - High Fives 2022, it entered into an agreement to acquire Rubicon Pharmacies, a network of 100 retail pharmacies for total cash consideration of C$435 million.

Neighbourly Pharmacy Inc. is Canada’s largest and fastest-growing network of independent pharmacies.

Minden Gross LLP is acting as a legal advisor to Neighbourly Pharmacy Inc. on the acquisition with a team led by Benjamin Bloom (Business Law/M&A) that includes Frank DeLuca, Marco Lippi, Lee Abraham, and Adrian Mikolajewski (Business Law/M&A), Steven Birken, Melodie Eng, Benji Wiseman, and Alyssa Girardi (Commercial Leasing), Marc Senderowitz (Commercial Real Estate), and Abiramy Uthirakumaran, and Brett Basanda (students). 

Read the news release here: https://www.globenewswire.com/news-release/2022/03/10/2401359/0/en/Neighbourly-Announces-Agreement-to-Acquire-Rubicon-Pharmacies-Growing-Both-Locations-and-Revenues-by-Approximately-60.html