06:52 AM EDT, 09/05/2024 (MT Newswires) -- McKesson (MCK) said Thursday that it has signed an agreement to sell its Canada-based Rexall and Well.ca businesses to Birch Hill Equity Partners.

Financial details of the transaction were not disclosed.

The company said that the sale will allow it to focus and prioritize investments to grow its oncology and biopharma services platforms.