LloydsPharmacy owner McKesson in talks to sell high street giant

The American owner of the LloydsPharmacy chain is in talks to sell one of Britain’s biggest drug retail and wholesale groups amid warnings about the industry’s future financial viability.

Sky News has learnt that McKesson, a New York-listed group with a market value of $29bn, has hired bankers to explore a sale of its UK operation.

City sources said that bankers at Barclays were working with McKesson on a disposal of the business and had begun contacting prospective bidders in recent weeks.

We are a UK brand building expert

To launching, nourishing, selling and distributing your products within the UK.
Why not contact us to discuss your business needs?
Powermed Plus Ltd., Bloxham Mill,
Barford Rd, 
OX15 4FF
Registered Office: Chilcompton, Green Lane, Aspley Guise, MK17 8EN
envelopephone linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram