7-Eleven unit sells 75% stake in Caring Pharmacy to Big Pharmacy for RM675mil

KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd's (SEM) wholly-owned subsidiary Convenience Shopping (Sabah) Sdn Bhd (CSSSB) will sell a 75 per cent stake in Caring Pharmacy Group Bhd (Caring) for RM675 million.

SEM said CSSSB has entered into a conditional sale and purchase agreement with BIG Pharmacy to dispose of its entire stake in Caring.