- Metro has acquired Jean Coutu Group for C$4.5 billion.
- The target company runs drugstores in Canada, while Metro owns food chain around the country, with more than 600 stores.
- The deal comes only a couple of months after Amazon acquired another big food stores chain - Whole Foods Market.
- Metro used the financial services of BMO Capital Markets and CIBC World Markets, while Jean Coutu turned to National Bank Financial.
- Counsel declined to comment.
Katrin Kostadinova - Data analyst