AMERISOURCEBERGEN TO ACQUIRE CANADIAN DISTRIBUTOR
AmerisourceBergen Corporation today announced that its wholly owned subsidiary, AmerisourceBergen Canada Corporation, has signed an agreement to acquire substantially all of the assets of privately held Asenda Pharmaceutical Supplies Ltd and a related entity. The purchase price was not disclosed. AmerisourceBergen expects to complete the acquisition by March 31, 2006 and anticipates Asenda will be neutral to fiscal year 2006 earnings per share. "Asenda is a logical expansion of our pharmaceutical distribution business in Canada and continues AmerisourceBergen's strategic focus on the pharmaceutical supply channel," said R. David Yost, AmerisourceBergen Chief Executive Officer.