Neighbourly Pharmacy Inc (TSX:NBLY)
C$ 18.54 0 (0%) Market Cap: 832.79 Mil Enterprise Value: 1.16 Bil PE Ratio: 0 PB Ratio: 1.42 GF Score: 64/100

Neighbourly Pharmacy Inc To Acquire Rubicon Pharmacies - M&A Call Transcript

Mar 10, 2022 / 09:15PM GMT
Release Date Price: C$30.34 (-0.43%)
Operator

Good afternoon, ladies and gentlemen, and welcome to the Neighbourly acquisition conference call. (Operator Instructions) Also note that the call is being recorded on Thursday, March 10, 2022.

And I would like to turn the conference over to Chris Gardner, CEO. Please go ahead, sir.

Chris Gardner
Neighbourly Pharmacy Inc. - CEO & Director

Thank you, operator, and good afternoon, everyone. I'm Chris Gardner, Neighbourly's Chief Executive Officer. I'm joined this afternoon by Terri Smyth, our Chief Financial Officer.

We're very pleased to speak to you and to provide a brief overview of Neighbourly's agreement to acquire Rubicon Pharmacies, Western Canada's largest owner and operator of independent pharmacies. It is not an understatement to describe this $435 million acquisition which will increase our number of locations by nearly 60% as a transformational moment of our business.

Before we begin, however, I'd like to note that some of our comments will contain forward-looking information and statements under applicable securities

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