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News & Events

BIG DEAL: Neighbourly Pharmacy Inc. acquires Rubicon Pharmacies

Jul 20, 2022

Big Deal - High FivesCongratulations to Neighbourly Pharmacy Inc. (TSX: NBLY) on its acquisition of Rubicon Pharmacies, a network of 100 retail pharmacies, for total cash consideration of C$435 million, subject to customary post-closing adjustments.

Neighbourly Pharmacy Inc. is Canada’s largest and fastest-growing network of community pharmacies. The acquisition was completed on June 27, 2022.

Minden Gross LLP was legal advisor to Neighbourly Pharmacy Inc. on the acquisition with a team led by Benjamin Bloom (Partner - Business Law and Mergers and Acquisitions) that includes Frank DeLuca (Partner - Business Law), Marco Lippi (Associate - Business Law), Lee Abraham (Associate - Business Law), Adrian Mikolajewski (Associate - Business Law), Bailey Stern (Student-at-Law), Dilina Lallani (Student-at-Law), Lucrezia Correale (Law Clerk – Corporate Services), Erika Leslie (Assistant – Business Law), and Joanna Zhou (Assistant – Business Law), Steven Birken (Associate – Commercial Leasing), Benji Wiseman (Associate - Commercial Leasing), and Marc Senderowitz (Partner - Real Estate).

Read the news release here: https://www.newswire.ca/news-releases/neighbourly-completes-acquisition-of-rubicon-pharmacies-859430865.html