Health and beauty company Clicks to acquire Pick n Pay’s pharmacy business

SOUTH AFRICA – Health and beauty company Clicks, plans to acquire the retail pharmacy business of Pick n Pay, Clicks Group has said in a statement. Clicks is the largest retail pharmacy network in the country. The acquisition will include 25 in-store pharmacies that will be rebranded to Clicks which will take the national presence of the health and beauty retailer to 632 pharmacies. In terms of the proposed transaction, Clicks will acquire the pharmacy licences and ethical drug stock, while all staff employed in the pharmacies will transfer from…

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