Lloyds Pharmacy to launch bid for Bradley

Lloyds Pharmacy to launch bid for Bradley

Ireland’s largest pharmacy chain, LloydsPharmacy, is expected to launch a takeover bid for the Bradley Pharmacy Group, which operates 20 outlets nationwide.

The High Court appointed an interim examiner to Bradley Pharmacy Group earlier this month.

Bradley Pharmacy Group said its debts of about €24 million were due to a number of factors, including historical debts at Bank of Ireland and a decision by its former main supplier United Drug to change its credit terms...

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