McKesson Corporation Completes Divestiture of UK Businesses, Announces Fourth Quarter Fiscal 2022 Earnings Release Date

Rhea-AI Summary

McKesson Corporation (NYSE: MCK) has successfully closed the sale of its UK businesses to AURELIUS, enhancing its focus on streamlining operations and exiting the European market.

The company is set to report its fourth quarter fiscal 2022 financial results on May 5, 2022, with a live earnings conference call at 4:30 PM ET. Further comments on the sale will be provided during this call, with the earnings release and financial details accessible on McKesson's Investor Relations website.

Positive

• Successful sale of UK businesses to AURELIUS, improving operational focus.

Negative

• None.

IRVING, Texas--(BUSINESS WIRE)-- McKesson Corporation (NYSE: MCK) today announced that it has closed the transaction announced in November 2021 to sell its UK businesses to AURELIUS. This is another important step in advancing McKesson’s commitment to streamline the business and fully exit the European region.

Additionally, McKesson will release its fourth quarter fiscal 2022 financial results after market close on Thursday, May 5, 2022. The company will host a live webcast of the earnings conference call for investors at 4:30 PM Eastern Time to review its financial results. The Company will not provide further comments regarding the sale of the European businesses until its earnings call on May 5, 2022.

The live webcast will be available on McKesson’s Investor Relations website at http://investor.mckesson.com, along with the company’s earnings press release, financial tables and slide presentation.

About McKesson Corporation

McKesson Corporation is a diversified healthcare services leader dedicated to advancing health outcomes for patients everywhere. Our teams partner with biopharma companies, care providers, pharmacies, manufacturers, governments, and others to deliver insights, products and services to help make quality care more accessible and affordable. Learn more about how McKesson is impacting virtually every aspect of healthcare at McKesson.com and read Our Stories.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220406006056/en/

Rachel Rodriguez, 469-260-0556 (Investors)

Rachel.Rodriguez@McKesson.com

David Matthews, 214-952-0833 (Media)

David.Matthews@McKesson.com

Source: McKesson Corporation

FAQ

When did McKesson close the sale of its UK businesses?

McKesson announced the sale of its UK businesses was completed as of April 2022.

What is the significance of McKesson's sale of UK businesses?

The sale allows McKesson to streamline operations and fully exit the European region.

When will McKesson release its fiscal Q4 2022 financial results?

McKesson will release its fourth quarter fiscal 2022 financial results on May 5, 2022.

What time will McKesson's earnings conference call take place?

The earnings conference call will start at 4:30 PM Eastern Time on May 5, 2022.