Ebos eyes Australian retail pharmacy with Terry White deal

Wed, 03 Aug 2016

By Paul McBeth Aug. 4 (BusinessDesk) - Ebos Group plans to beef up its Australian retail pharmacy exposure selling its 270-store Chemmart business to Terry White Group and taking a 50 percent stake in the enlarged pharmacy chain. The deal is subject to several conditions including Terry White Group shareholder approval and is expected to be wrapped up in late October, Christchurch-based Ebos said in a statement. Once completed, Terry White Group's retail network will expand to 500 and its financial statements will be consolidated into Eb...

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