TOKYO — Ain Holdings, Japan’s largest dispensing pharmacy operator, plans to buy rival Kraft in a deal worth over 100 billion yen ($690 million), Nikkei has learned, as a push by drugstores into the prescription-filling business drives a broader realignment in the industry.
Ain will acquire all of Kraft’s shares from the current owner, investment firm Nippon Sangyo Suishin Kiko, for nearly 60 billion yen and assume all of the company’s debt in the deal, which is expected to be completed around August.
