Feb 17 (Reuters) - Walgreen Co said it would purchase New York area
drugstore chain Duane Reade for $618 million, signaling a potential return of
mergers and acquisition activity in the pharmacy industry. The
deal ranks as the ninth-largest in the sector in the last 20 years.
Below is a list of the largest pharmacy deals in the United States since 1990, according to Thomson Reuters data.
DATE TARGET ACQUIRER VALUE
08/24/2006 Jean Coutu Group(PJC)USARite Aid $3.47 bln 11/04/1996 Eckerd Corp JC Penney $3.23 bln 08/12/2008 Longs Drug Stores Corp CVS Caremark$2.85 bln
04/05/2004 JC Penney
Eckerd Stores Jean Coutu Group $2.38 bln 10/14/1996 Thrifty Payless Holdings Inc Rite Aid Corp $2.37 bln
04/05/2004 JC Penney
Eckerd CVS Corp $2.15 bln 02/09/1998 Arbor Drugs Inc CVS Corp $1.45 bln 10/29/1993 Pay Less Drug Stores Leonard Green $1.15 bln 02/17/2010 Duane Reade Inc Walgreen Co $1,08 bln 04/16/1997 Pharmacy Corp of America Inc Capstone Pharm. $862.5 mln
(Compiled by Phil Wahba) Keywords: WALGREEN DUANEREADE/ (phil.wahba@thomsonreuters.com; + 1 646 223 6128; Reuters Messaging: phil.wahba.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Below is a list of the largest pharmacy deals in the United States since 1990, according to Thomson Reuters data.
DATE TARGET ACQUIRER VALUE
08/24/2006 Jean Coutu Group(PJC)USARite Aid $3.47 bln 11/04/1996 Eckerd Corp JC Penney $3.23 bln 08/12/2008 Longs Drug Stores Corp CVS Caremark$2.85 bln
04/05/2004 JC Penney
Eckerd Stores Jean Coutu Group $2.38 bln 10/14/1996 Thrifty Payless Holdings Inc Rite Aid Corp $2.37 bln
04/05/2004 JC Penney
Eckerd CVS Corp $2.15 bln 02/09/1998 Arbor Drugs Inc CVS Corp $1.45 bln 10/29/1993 Pay Less Drug Stores Leonard Green $1.15 bln 02/17/2010 Duane Reade Inc Walgreen Co $1,08 bln 04/16/1997 Pharmacy Corp of America Inc Capstone Pharm. $862.5 mln
(Compiled by Phil Wahba) Keywords: WALGREEN DUANEREADE/ (phil.wahba@thomsonreuters.com; + 1 646 223 6128; Reuters Messaging: phil.wahba.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.