Pharmacy investment body in restructuring talks with backers

Ipos, the independent pharmacy ownership scheme that has stakes in almost 150 pharmacies, is in talks with its backers and lenders about restructuring its business.

Ian Kehoe - avatar

Ian Kehoe

30th January, 2010

Ipos, the independent pharmacy ownership scheme that has stakes in almost 150 pharmacies, is in talks with its backers and lenders about restructuring its business.

The body is attempting to overhaul its operating structure in response to the economic downturn and the effect of cuts imposed by the Health Service Executive on margins on drugs. It is trying to restructure four investment holding companies, including Ipos Investment Plc. Its options include potentially shutting down a number...

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