Tsuruha Holdings Shareholders OK Merger with Welcia
Sapporo, May 26 (Jiji Press)--Shareholders of major Japanese pharmacy chain Tsuruha Holdings Inc. on Monday approved all proposals presented at the day's regular general shareholders meeting, including one on a stock swap with rival Welcia Holdings Co. for a future merger.
In April, Tsuruha, based in Sapporo, the capital of the northernmost Japan prefecture of Hokkaido, announced that it will integrate its operations with Welcia, the biggest force within the Japanese pharmacy industry, in December.
(2025/05/26-15:16)
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