Quantcast

SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Today's Transactions:
Kroger Acquires Axium Pharmacy

The target makes medicines for cancer, hepatitis C, rheumatoid arthritis and other conditions

The Kroger Co. (NYSE: KR) will acquire all of Axium Pharmacy Holdings Inc.’s outstanding shares.

Lake Mary, Fla-based Axium is a specialty pharmaceutical company founded in 2000. It makes medications to treat cancer, hepatitis C, rheumatoid arthritis, multiple sclerosis and other conditions.

“The combination of Axium's expertise and Kroger's 1,950 pharmacy locations, 91 Little Clinic locations, and pharmacists who provide health coaching, biometric screening and other wellness services will deliver positive health outcomes for our patients, cost savings for insurance payers, and unique services for physicians, says Lincoln Lutz, Kroger’s vice president of corporate pharmacy.

Kroger, headquartered in Cincinnati, Ohio, is a retailer that operates supermarkets, jewelry stores and pharmacies. Terms of the deal weren’t disclosed.

 

For more information on related topics, visit the following: