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Alliance Boots raises stake in Turkish wholesaler
29 July 2010
Maria Bailey

maria.bailey@informa.com

Alliance Boots has raised its stake in Hedef Alliance Holding, one of Turkey's largest pharmaceutical wholesalers, from 50% to 60%, becoming its majority shareholder. Hedef's founder Ethem Sancak will remain its executive chairman.

Alliance Boots acquired its first 25% stake in the Turkish...



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