Loblaw Companies Limited files information statement relating to acquisition of Shoppers Drug Mart Corporation

Loblaw Companies Limited files information statement relating to acquisition 
of Shoppers Drug Mart Corporation 
BRAMPTON, ON, Aug. 20, 2013 /CNW/ - Loblaw Companies Limited (TSX: L) today 
announced that it has filed an information statement relating to its proposed 
acquisition of Shoppers Drug Mart Corporation for a combination of cash and 
Loblaw common shares. The information statement is intended to assist Loblaw 
shareholders in understanding the impact of the transaction on Loblaw and its 
business. The information statement is available at www.loblaw.ca and has been 
filed on SEDAR at www.sedar.com. 
Under applicable TSX rules, the transaction requires the approval of Loblaw 
shareholders, as the number of Loblaw common shares to be issued in the 
transaction exceeds 25% of the total number of outstanding Loblaw common 
shares. Loblaw may issue a maximum of approximately 119.9 million Loblaw 
common shares to Shoppers Drug Mart shareholders in the transaction (including 
up to 1.2 million Loblaw common shares that may become issuable to holders of 
Shoppers Drug Mart options), based on the fully diluted number of Shoppers 
Drug Mart shares outstanding as of July 14, 2013. In addition, Loblaw will 
issue approximately 10.5 million Loblaw common shares to George Weston Limited 
in the previously announced concurrent private placement. Together, these 
aggregate 130.4 million share issuances represent approximately 46% of 
Loblaw's 282,019,941 outstanding common shares. Weston, which has voting 
ownership of approximately 63% of Loblaw's common shares, has provided the TSX 
with a written consent confirming that it is in favour of the transaction, 
which satisfies the shareholder approval requirements of the TSX. Following 
completion of the transaction and private placement, Weston will continue to 
be the largest shareholder of Loblaw with voting ownership of approximately 
46% of the outstanding Loblaw common shares. 
The transaction must be approved by at least two-thirds of the votes cast at 
the special meeting of Shoppers Drug Mart shareholders scheduled for September 
12, 2013. The transaction also requires the approval of the Ontario Superior 
Court of Justice (Commercial List). In addition to shareholder and court 
approvals, the transaction is subject to compliance with the Competition Act 
(Canada) and certain other closing conditions customary in transactions of 
this nature. Loblaw anticipates that the transaction will be completed before 
the end of the first quarter of 2014. 
About Loblaw Companies Limited
Loblaw Companies Limited, a subsidiary of George Weston Limited, is Canada's 
largest food retailer and a leading provider of drugstore, general merchandise 
and financial products and services. Loblaw is one of the largest private 
sector employers in Canada. With more than 1,000 corporate and franchised 
stores from coast to coast, Loblaw and its franchisees employ approximately 
134,000 full-time and part-time employees. Through its portfolio of store 
formats, Loblaw is committed to providing Canadians with a wide, growing and 
successful range of products and services to meet the everyday household 
demands of Canadian consumers. Loblaw is known for the quality, innovation and 
value of its food offering. It offers Canada's strongest control (private) 
label program, including the unique President's Choice®, no name® and Joe 
Fresh® brands. In addition, the Company makes available to consumers 
President's Choice® financial services and offers the PC® points and PC 
Plus™ loyalty program. For more information, visit Loblaw's website at 
www.loblaw.ca and Loblaw's issuer profile at www.sedar.com.

SOURCE  Loblaw Companies Limited 
 Investor Enquiries, contact: Jonathan Ross Director, Investor Relations (905) 
861-2153 jonathan.ross@loblaw.ca 
Media Enquiries, contact: Julija Hunter Vice President, Public Relations 
(905) 861-2437 julija.hunter@loblaw.ca 
To view this news release in HTML formatting, please use the following URL: 
CO: Loblaw Companies Limited
ST: Ontario
-0- Aug/20/2013 21:24 GMT
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