(Reuters) - TORONTO, April 17 - Jean Coutu Group reported a higher third-quarter profit on Tuesday, as the pharmacy chain benefited from a reversed $108 million impairment loss on its US assets.
Coutu, which agreed last year to sell its U.S. Brooks and Eckerd chains to Rite Aid Corp. for about $2.6 billion in cash and shares, earned $184 million, or 70 cents a share, up from a profit of $31.6 million, or 12 cents a share, in the same period a year earlier.
Read more at Reuters.com Market News
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