TORONTO – Loblaw Companies Ltd. (TSX:L) is being required to divest 18 stores and nine Loblaw-run pharmacies to get approval from the Competition Bureau for its $12.4-billion purchase of Shoppers Drug Mart Corp. (TSX:SC).
Shoppers Drug Mart stores are being sold in:
— Sechelt, B.C.
— Devon, Alta.
— Innisfail, Alta.
— Westlock, Alta.
— Aylmer, Ont.
— Chelmsford, Ont.
— Exeter, Ont.
— Kingsville, Ont.
— Mount Forest, Ont.
— Port Hope, Ont.
— Petrolia, Ont.
— Tantallon, N.S.
— St. Stephen, N.B.
— Montague, P.E.I.
Other Loblaw-branded stores being sold:
— No Frills in the Ontario communities of Blenheim and Elmira, as well as Barrington Passage, N.S.
— Save-Easy in Dalhousie, N.B.
Loblaw pharmacies being sold to independent operators:
— Almonte, Ont.
— Embrun, Ont.
— Ingersoll, Ont.
— Listowel, Ont.
— Port Perry, Ont.
— Prescott, Ont.
— Tillsonburg, Ont.
— Bay Roberts, Nfld.
— Carbonear, Nfld.
