In Europe, the drugstore sector is not that familiar with Initial Public Offerings. However, in the Middle East two stock market listings involving pharmacy chains are worth following.
In India, the MedPlus Health Servicespharmacy chain raised US$187 million in I.P.O. in January 2022. In Saudi Arabia, Al Nahdi Medical Group (operating 1,150 drugstores in 144 cities) is targeting a valuation of US$1.3 billion at floatation expected in the coming months. Al Nahdi Medical, which wants t
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