Metro, Jean Coutu Merger Coming?

Grocery retailer Metro says it’s in exclusive talks with Quebec-based drug store chain Jean Coutu Group.

Analysts suspected such a move this morning when regulators suspended trading of both companies.

The possible merger comes four years after Loblaw announced its purchase of Shoppers Drug Mart.

Photo source:  commons.wikimedia.org

 

Posted in All Stories, Annoucer Blogs, Brian Sylvester, News & Sports, Whats Happening

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