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7-Eleven Malaysia Shares Fall After Proposed Pharmacy Disposal

Por: MarketWatch Business July 24, 2023

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7-Eleven Malaysia said late Friday that a unit received a binding term sheet from BIG Pharmacy Healthcare to acquire its entire 75% equity interest in Caring Pharmacy for MYR637.5 million ($139.8 million). Trading in 7-Eleven Malaysia shares was suspended Friday afternoon and resumed trading Monday morning. Caring's pharmacy business in Indonesia will be excluded in the proposed acquisition, the company said. Maybank Investment Bank... + full article



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