$23 Million Cost Of UniChem's Lloyds Chemist Bid
- UniChem of the UK has revealed that attempts to bid for Lloyds Chemists has cost the company L15 million ($23.4 million) thus far. The information arose in light of half-year results showing a 12% rise in pretax profits to L24.2 million, even with sales expanding only 3.4%, to L718.6 million. The figure also includes L900,000 holding costs of 10% of Lloyds Chemists. Operating profits increased by 18% to L27.4 million.
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