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Ain to Acquire Operator of Sakura Brand Pharmacies

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.

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AFP-JIJI PRESS NEWS JOURNAL


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