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AS Watson Considering Taking Over Australian Pharmacy Chain Priceline: Report
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CKH HOLDINGS (00001.HK)'s AS Watson is considering a foray into Australia's pharmacy market by acquiring the Australian pharmacy chain Priceline, according to Australian media reports. A spokesperson for AS Watson declined to comment on the matter.

It is understood that AS Watson intends to conduct due diligence on Priceline. If it decides to proceed with the acquisition, the transaction will require approval from Australia's Foreign Investment Review Board.
AAStocks Financial News