TOKYO -- Japanese drugstore operators Matsumotokiyoshi Holdings and Cocokara Fine announced their merger on Friday, hours after an initial Nikkei report.
Retailers expect their mega deal to be completed by October 2021

Matsumotokiyoshi is a household name in Japan as it has long been the country's largest chain of drugstores. (Photo by Kaisuke Ota)
TOKYO -- Japanese drugstore operators Matsumotokiyoshi Holdings and Cocokara Fine announced their merger on Friday, hours after an initial Nikkei report.