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Acquisition of a 49% interest in Rose Pharmacy

RNS Number : 4490W
Dairy Farm International Hldgs Ltd
07 November 2014
 

Acquisition of a 49% interest in Rose Pharmacy

 

7th November 2014 - Dairy Farm International Holdings Limited today announced that it has acquired a 49% interest in Rose Pharmacy Inc. in the Philippines.

 

Rose Pharmacy is a Cebu-based pharmacy retailer which at the end of 2013 operated 238 outlets throughout the country.  Dairy Farm intends to support the future growth of this joint venture by broadening its consumer offering as part of the Group's wider Health & Beauty portfolio.

 

 

Neil M McNamara, Jardine Matheson Limited
For and on behalf of Dairy Farm International Holdings Limited

 

7th November 2014

 

www.dairyfarmgroup.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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