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PCC reviews Ayala unit's acquisition of North Luzon drugstore chain

PCC reviews Ayala unit's acquisition of North Luzon drugstore chain
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Ayala Corp. arm's retail drugstore chain purchase reviewed on competition concern

THE Philippine Competition Commission (PCC) said it will conduct a “more detailed” review of the proposed acquisition by Ayala Corp.’s pharmaceutical arm of a Northern Luzon drugstore chain after the competition watchdog discovered “potential” competition concerns in the retail sale of pharmaceutical and non-pharmaceutical products in the region. In a… ....

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