TOKYO -- Japanese drugstore operator Cocokara Fine intends to pursue merger talks with rival Matsumotokiyoshi Holdings, Nikkei has learned, in a move that could create a new market leader with total sales of nearly 1 trillion yen ($9.4 billion).
Business deals
Japan drugstore chain Cocokara to pursue Matsumotokiyoshi merger
Seventh- and fifth-ranked players would leap to top with nearly $9.4bn sales
