Business / Corporate Aug 14, 2019
Japan drugstore giants Cocokara and Matsumotokiyoshi in merger talks
Major drugstore chain Cocokara Fine Inc. said Wednesday it will enter merger negotiations with industry peer Matsumotokiyoshi Holdings Co. If the two giants merge, they would create an industry leader with sales of some ¥1 trillion. Amid intensifying competition, further realignment moves are likely to follow, ...