LloydsPharmacy acquisition of McCabes cleared by watchdog

Competition-And-Consumer-Protection-Commission-Ccp News

LloydsPharmacy acquisition of McCabes cleared by watchdog
South Africa South Africa Latest News,South Africa South Africa Headlines

It follows an investigation looking at how the deal could affect competition between pharmacies, including potential consequences for consumers

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 98%

The go-ahead issued by the Competition and Consumer Protection Commission is subject to commitments involving the sale of two pharmacies in Lucan, Dublin.

The proposed deal was renotified to the CCPC in February after the first notification received in October was declared invalid. To address these concerns, LloydsPharmacy agreed to sell two pharmacies in Lucan – McCabes Pharmacy Finnstown and McCabes Pharmacy Griffeen Centre – to a buyer who will be approved by the CCPC.LloydsPharmacy also agreed not to do anything which could negatively impact on the pharmacies before their sale, and not to buy these pharmacies back for at least 10 years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IrishTimes /  🏆 3. in ZA
 

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Medtech company Coroflo opens new Dublin headquartersMedtech company Coroflo opens new Dublin headquartersCompany has secured contracts with several pharmacy chains including McCabes and McCauleys for new breastfeeding product
Read more »



Render Time: 2025-01-14 02:15:46