I am providing excerpt from an article which is a perfect explaination of the mergers/acquisitions trends in the retail pharmacy industry:
For many retail executives, the recent announcement of the $12 billion merger between Boots the Chemist and Alliance UniChem probably went largely unnoticed despite the longstanding interest in these trendsetting British pharmacy retailers and their respective influences on global retailing. Meanwhile, the proposedsale of Albertsons has grabbed headlines and stirred speculation as to possible suitors, as well as the future of the supermarket/drug retailer.
The potential deals are a telltale sign of the times in retailing, as I have often referenced, perhaps more than most industry execs have realized. They are examples of how venerable brands with strong consumer appeal have struggled to turn around operations and to remain competitive in a changing retail landscape they have dominated for decades. They also are examples of how other companies have developed a growth strategy with the fundamental realization that size matters amidst retail ...
current trends in mergers, acquisitions, and restructuring in the drugstore industry