March 2 (Reuters) - McKesson Corp (NYSE:MCK) MCK.N :
* To acquire rexall health from katz group, strengthening its position in
Canada's pharmaceutical supply chain
* Says deal valued at $2.2 billion
* Says acquisition will be funded by a mix of cash and debt
* Says Mckesson intends to acquire rexall health's business, including
approximately 470 retail pharmacies
* Says expects the acquisition to be modestly accretive to adjusted earnings
per diluted share for fiscal 2017
* Says rexall health will continue to have a management team in Canada led by
jürgen schreiber
* Expects acquisition to drive meaningful accretion, on a constant currency
basis, to fiscal 2018 adjusted earnings per diluted share
* Rexall health will in Canada led by jürgen schreiber
* Says operations of rexall health will be part of mckesson's distribution
solutions segment
* Says co, katz group announced a definitive agreement to acquire rexall health
from katz group
* Source text for Eikon ID:nBw6XMb2pa
* Further company coverage MCK.N