Shoppers Drug Mart Receives Court Approval in Connection with Proposed Plan of Arrangement with Loblaw Companies Limited

Shoppers Drug Mart Receives Court Approval in Connection with Proposed Plan of 
Arrangement with Loblaw Companies Limited 
TORONTO, Sept. 16, 2013 /CNW/ - Shoppers Drug Mart Corporation (TSX: SC) 
("Shoppers Drug Mart") and Loblaw Companies Limited (TSX: L) ("Loblaw") today 
announced that the Ontario Superior Court of Justice (Commercial List) has 
issued a final order approving the previously announced proposed transaction 
pursuant to which Loblaw will acquire all of the issued and outstanding common 
shares of Shoppers Drug Mart by way of a plan of arrangement under section 192 
of the Canada Business Corporations Act (the "Arrangement"). 
Completion of the Arrangement remains conditional on compliance with the 
Competition Act (Canada) and certain other closing conditions customary in 
transactions of this nature. Subject to the satisfaction or waiver of all 
other conditions precedent to the Arrangement, it is anticipated that the 
Arrangement will be completed before the end of the first quarter of 2014. 
About Shoppers Drug Mart Corporation 
Shoppers Drug Mart Corporation is one of the most recognized and trusted names 
in Canadian retailing. Shoppers Drug Mart is the licensor of full-service 
retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in 
Québec). With 1,244 Shoppers Drug Mart and Pharmaprix stores operating in 
prime locations in each province and two territories, Shoppers Drug Mart is 
one of the most convenient retailers in Canada. Shoppers Drug Mart also 
licenses or owns 57 medical clinic pharmacies operating under the name 
Shoppers Simply Pharmacy (Pharmaprix Simplement Santé in Québec) and six 
luxury beauty destinations operating as Murale. As well, Shoppers Drug Mart 
owns and operates 62 Shoppers Home Health Care stores, making it the largest 
Canadian retailer of home health care products and services. In addition to 
its retail store network, Shoppers Drug Mart owns Shoppers Drug Mart Specialty 
Health Network Inc., a provider of specialty drug distribution, pharmacy and 
comprehensive patient support services; and MediSystem Technologies Inc., a 
provider of pharmaceutical products and services to long-term care facilities. 
For more information, visit 
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 and Loblaw's issuer profile at 
Forward-looking Statements 
Certain statements in this news release are forward-looking statements. 
Forward-looking statements are provided for the purpose of presenting 
information about management's current expectations and plans relating to the 
future, and readers are cautioned that such statements may not be appropriate 
for other purposes. These statements may include, without limitation, 
statements regarding the operations, business, financial condition, expected 
financial results, performance, prospects, opportunities, priorities, targets, 
goals, ongoing objectives, strategies and outlook of Shoppers Drug Mart and 
Loblaw. Forward-looking statements are typically identified by words such as 
"expect", "anticipate", "believe", "foresee", "could", "estimate", "goal", 
"intend", "plan", "seek", "strive", "will", "may" and "should" and similar 
expressions. Forward-looking statements reflect current estimates, beliefs and 
assumptions, which are based on Shoppers Drug Mart's and Loblaw's perception 
of historical trends, current conditions and expected future developments, as 
well as other factors management believes are appropriate in the 
circumstances. Shoppers Drug Mart's and Loblaw's estimates, beliefs and 
assumptions are inherently subject to significant business, economic, 
competitive and other uncertainties and contingencies regarding future events 
and as such, are subject to change. Shoppers Drug Mart and Loblaw can give no 
assurance that such estimates, beliefs and assumptions will prove to be 
This news releases contains forward-looking statements concerning the expected 
completion date of the Arrangement. There can be no assurance that the 
Arrangement will occur or that the anticipated strategic benefits and 
operational, competitive and cost synergies will be realized. The Arrangement 
is subject to various regulatory approvals, including approvals under the 
Competition Act (Canada) and by the TSX, and the fulfillment of certain 
conditions, and there can be no assurance that any such approvals will be 
obtained and/or any such conditions will be met. The Arrangement could be 
modified, restructured or terminated. 
Readers are cautioned that the foregoing list of factors is not exhaustive. 
Other risks and uncertainties not presently known to Shoppers Drug Mart or 
Loblaw or that Shoppers Drug Mart or Loblaw presently believe are not material 
could also cause actual results or events to differ materially from those 
expressed in the forward-looking statements contained herein. Additional 
information on these and other factors that could affect the operations or 
financial results of Shoppers Drug Mart or Loblaw are included in reports 
filed by Shoppers Drug Mart and by Loblaw with applicable securities 
regulatory authorities and may be accessed through the SEDAR website 
Readers are cautioned not to place undue reliance on these forward-looking 
statements, which reflect Shoppers Drug Mart's and Loblaw's expectations only 
as of the date of this news release. Shoppers Drug Mart and Loblaw disclaims 
any obligation to update or revise any forward-looking statements, whether as 
a result of new information, future events or otherwise, except as required by 

SOURCE  Shoppers Drug Mart Corporation 
For further information for Shoppers Drug Mart:  Media Contact: Tammy Smitham 
Vice President, Communications & Corporate Affairs (416) 490-2892 
Investor Relations: (416) 493-1220, ext. 5678 
For further information for Loblaw: 
Media Contact: Julija Hunter Vice President, Public Relations (416) 509-7804  
Investor Relations: Jonathan Ross Director, Investor Relations (905) 861-2153 
To view this news release in HTML formatting, please use the following URL: 
CO: Shoppers Drug Mart Corporation
ST: Ontario
-0- Sep/16/2013 18:30 GMT
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