Ain to Acquire Operator of Sakura Brand Pharmacies

Tokyo, May 29 (Jiji Press)--Japan's leading pharmacy operator Ain Holdings Inc. said Thursday that it will acquire Tokyo-based Kraft Inc., which runs Sakura brand pharmacies. Ain is set to buy all outstanding Kraft shares, currently held by the Nippon Sangyo Suishin Kiko Ltd. group, a Japanese investment fund, for 59.1 billion yen in August. After the acquisition, the number of the Ain gr...

Ain to Acquire Operator of Sakura Brand Pharmacies
Tokyo, May 29 (Jiji Press)--Japan's leading pharmacy operator Ain Holdings Inc. said Thursday that it will acquire Tokyo-based Kraft Inc., which runs Sakura brand pharmacies. Ain is set to buy all outstanding Kraft shares, currently held by the Nippon Sangyo Suishin Kiko Ltd. group, a Japanese investment fund, for 59.1 billion yen in August. After the acquisition, the number of the Ain gr...