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BRIEF-Mckesson acquires RxCrossroads in a deal valued at $735 mln
November 6, 2017 / 10:41 PM / 18 days ago

BRIEF-Mckesson acquires RxCrossroads in a deal valued at $735 mln

Nov 6 (Reuters) - Mckesson Corp:

* Mckesson strengthens its portfolio of manufacturer solutions with the acquisition of RxCrossroads

* Mckesson Corp - ‍transaction is valued at $735 million, or approximately $635 million net of present value of incremental cash tax benefits​

* Mckesson Corp - ‍transaction will be funded by cash on hand​

* Mckesson - ‍signed agreement to buy RxCrossroads from Cvs Health Corporation​

* Mckesson Corp - ‍co expects impact of deal to be about 20 cents accretive to adjusted earnings per diluted share by third year following close of deal​ Source text for Eikon: Further company coverage:

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