Private equity firm Birch Hill completes purchase of Rexall and Well.ca

A Rexall drugstore is shown in Ottawa, on Wednesday, March 2, 2016. THE CANADIAN PRESS/Justin Tang

TORONTO - Toronto-based private equity firm Birch Hill Equity Partners has completed its acquisition of the Rexall Pharmacy Group.

Birch Hill acquired the drugstore chain from previous owner McKesson Corp. in a transaction that closed Dec. 30, according to documents filed with the federal Competition Tribunal. 

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