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Spotlight: McKesson Division Signs Pharmacy Contract

CALIFORNIA

November 06, 1996

McKesson Corp. of San Francisco said its U.S. Health Care unit has signed a five-year contract to supply pharmaceutical products to discount merchandiser ShopKo Stores Inc. of Green Bay, Wis., in a deal that could be worth as much as $2.2 billion. The agreement to supply ShopKo's 130 pharmacies by itself is worth $1.1 billion over the five years, but that figure will almost double if the planned purchase of ShopKo by Phar-Mor Inc. of Youngstown, Ohio, goes through.

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