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Clicks to acquire Pick n Pay retail pharmacy business
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Listed pharmacy retailer Clicks says it plans to acquire the retail pharmacy business of Pick n Pay, including 25 in-store pharmacies which will be rebranded to Clicks.
Clicks is the largest retail pharmacy network in the country and the acquisition will increase its national presence 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 Pick n Pay to Clicks.
Vikesh Ramsunder, chief executive officer of Clicks Group, said: “The acquisition of the pharmacy chain from Pick n Pay accelerates our strategy of extending the convenience and accessibility of the Clicks pharmacy network.
Clicks plans to acquire the retail pharmacy business of Pick n Pay, including 25 in-store pharmacies which will be rebranded to Clicks.
Clicks is the largest retail pharmacy network in the country and the acquisition will increase its national presence 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 Pick n Pay to Clicks.
Vikesh Ramsunder, chief executive officer of Clicks Group, said: “The acquisition of the pharmacy chain from Pick n Pay accelerates our strategy of extending the convenience and accessibility of the Clicks pharmacy network.
Deutsche Bank s Depositary Receipts Virtual Investor Conference to be held May 11 and 12, 2021
International companies to host live webcasts for investors and analysts
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NEW YORK, May 7, 2021 /PRNewswire/ Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference ( dbVIC ) on Tuesday, May 11 and Wednesday, May 12, featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the US.
dbVIC May 2021
Representatives from participating companies based in Australia, China, Hong Kong, Greece, South Africa and the UK will respond to questions during formal presentations, and interact with investors via virtual trade booths. The conference targets all categories of investors and analysts interested in non-US companies.
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