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Dairy Farm completes Rose Pharmacy acquisition

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Dairy Farm completes Rose Pharmacy acquisition

Hong Kong-based Dairy Farm International Holdings Ltd. completed its purchase of the remaining 51% interest in Philippine-based Rose Pharmacy Inc. from BRG Realty Corp, according to a Dec. 17 filing to the London Stock Exchange.

The deal was announced in October, though financial terms of the deal were not disclosed.

Rose Pharmacy has 253 branches across the Philippines and is now 100% owned by Dairy Farm.