Dis-Chem scraps interim dividend

Pharmacy group eyes health insurance asset, other acquisitions

Pharmacy group Dis-Chem has opted to hold on to its interim dividend as it considers further acquisitions, including a stake in an insurance business that aims to cater for people not historically covered by the private health-care sector.

The group said the acquisition of a strategic stake in the health-care insurance asset was at an advanced stage, while it is also investigating an acquisition of a community-based pharmacy group that will expand its store base...

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