Thursday, April 13, 2006

Boots moots UniChem merger

IIPM-KNOWLEDGE CENTRE

UK-based leading health and beauty retailer, Boots Group PLC, has announced plans to merge with the third largest pharmacy network in Europe, Alliance UniChem. The deal is being valued at $12.3 billion. The combined entity will form the largest pharmacy chain in Britain with 2,200 stores.

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Source IIPM-Editorial,2006