A.S. Watson Group today confirmed the completion of cancellation of the listing of Merchant Retail Group shares on the official list and of trading on the London Stock Exchange following the completion of the Merchant Retail Group acquisition including The Perfume Shop. Hong Kong based A.S. Watson, the world's largest health and beauty retailer, purchased the UK company which owns the 114 strong Perfume Shop chain last month.
A.S. Watson (P&C UK) Ltd. announced today that the Offer for the entire issued and to be issued ordinary share capital of Merchant Retail Group plc had been declared unconditional in all respects.
Watsons, the largest personal store in Hong Kong, celebrated another milestone today with the launch of NEW Watsons at the Capitol Centre flagship store in Causeway Bay. More than HK$20 millions is invested in the brand-wide transformation to NEW Watsons which will be rolled out progressively across all of the 170+ Watsons stores over the next 12 months.
A.S. Watson Health and Beauty Continental Europe announced yesterday the acquisition of Portegies Drugstore in the Netherlands. Portegies was founded in 1865 and has grown into a drugstore chain of 38 outlets located mainly in Randstad and Central Netherlands with approximately 280 employees.
As of Tuesday 28 June Kruidvat offers a new financial product: het Kruidvat Krediet. The assortment of the always surprising drugstore chain offers consumers a personal loan against a very sharp interest rate.
Watson's Personal Care Stores Sdn Bhd (Watsons), the Malaysian unit of Hong Kong-based A.S. Watson Group (ASW), today announced the successful acquisition of Apex Pharmacy Sdn Bhd (Apex Pharmacy) from Apex Healthcare Bhd (AHB), a Bursa Malaysia main board-listed company.