Emotional Jean Coutu Says Farewell After Sale to Metro Approved
Philanthropy the new focus for Coutu
A Jean Coutu pharmacy in Ste. Marthe-sur-le-Lac, Quebec. Jean Coutu Group shareholders have overwhelmingly approved the sale of the pharmacy chain to fellow Quebec retailer Metro Inc. The Canadian Press/Ryan Remiorz
MONTREAL—Jean Coutu fought back tears as he bid adieu to shareholders on Nov. 29 after they approved the sale of the pharmacy chain he founded to Metro Inc. in a move that could pave the way for expansion beyond Quebec.
“I gave my all, my best, in business and my profession,” the company founder said before choking up.
