LloydsPharmacy to acquire Sainsbury’s pharmacy business for £125m

LONDON, 2015-7-31 — /EPR Retail News/ — J Sainsbury Plc (Sainsbury’s) and Celesio AG, owner of Lloyds Pharmacy Ltd (LloydsPharmacy), today announce the formation of a strategic partnership that will see LloydsPharmacy acquire Sainsbury’s pharmacy business for £125m. In addition, Sainsbury’s will receive commercial annual rent payments from LloydsPharmacy for each location. Sainsbury’s and LloydsPharmacy […]