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Acquisition of a 49% interest in Rose Pharmacy

7th Nov 2014 09:13

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 LimitedFor 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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