Alliance Boots, the British pharmacy and beauty store chain, has announced plans for a three- to five-fold expansion in Asia over the next five years.
The company has only two Asian operations – in Thailand and China – and their contributions to the global total remain small.
However, Asia is becoming more of a focus for Boots in the face of an EU anti-trust regulation that is preventing it from buying more businesses in many European countries.
(Source: Bangkok Post)