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Bill Schiffner

AmerisourceBergen to acquire H.D. Smith

AmerisourceBergen to acquire H.D. Smith

AmerisourceBergen Corp. plans to purchase pharmaceutical distributor H.D. Smith for $815 million in cash. The companies said that the transaction, pending regulatory review and other closing conditions, is expected to close in early 2018. Springfield, Ill.-based H.D.

Merchandising team realigned at Rite Aid

Rite Aid Corp. has announced a number of changes in senior management that are effective ­immediately. Bill Renz, Rite Aid’s current group vice president of consumables and photo, has been named senior vice president of category management.

Shareholders OK sale of Jean Coutu Group

Shareholders OK sale of Jean Coutu Group

Jean Coutu Group shareholders have overwhelmingly approved the sale of the pharmacy chain to fellow Quebec retailer Metro Inc. A near-unanimous 99.9% of votes cast sanctioned the $4.5 billion transaction, which was well above the two-thirds ­requirement.

Unilever agrees to purchase Sundial Brands

Unilever agrees to purchase Sundial Brands

Unilever has announced an agreement to acquire Sundial Brands, a leading haircare and skincare company recognized for its innovative use of high-quality and culturally authentic ingredients. Sundial’s brands include SheaMoisture, Nubian Heritage, Madam C.J. Walker and nyakio.