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Celesio to buy 90 pct stake of Dutch internet pharmacy operator DocMorris


Published :
Thu, 26 Apr 2007 09:46
By : Agencies
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FRANKFURT (Thomson Financial) - Celesio AG said it has agreed to buy a 90 pct stake of WWMW e-commerce international GmbH, the holding company of Dutch online pharmacy operator DocMorris for an undisclosed sum.

DocMorris's management will hold the remaining 10 pct of shares.

The deal is subject to regulatory approval.

maria.sheahan@thomson.com

mas/jr

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