Merger Update

  • Clear strategic rationale
    • Creates Europe's leading pharmacy-led health and beauty group
    • Enhances international growth opportunities
    • Annual pre-tax cost savings of at least £100m by fourth full year following completion
  • Integration planning focused on synergies and "best of both" pharmacy
  • Scheme of arrangement
  • Timetable update
    • Appeal dismissed 9th May
    • Completion end July
Provided by Investis