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Pharmacy merger to test competitor’s health

Terry White Group and Ebos Group Limited have set their sights on making sizeable, rapid inroads into the competitive Australian retail pharmacy industry by merging Terry White with Chemmart. The proposed merger announced last week between the two companies will form one of Australia’s largest retail pharmacy networks with a combined retail turnover of $2 billion and approximately 500 pharmacies. Retail pharmacy is arguably the most competitive sector in the entire retail industry due to slow