Fierce competition builds up to buy Co-op chemists

ALLIANCE Boots, financier Guy Hands and Holland & Barrett owner Carlyle Group are among bidders who have joined the auction for Co-op chemists.

co-operative, co-op, chemist, allience boots, guy hands, holland & barrett, carlyle group, biddersThe Co-op chemists chain is expected to be sold for £600million[GETTY]

The 750-strong chain is expected to fetch around £600million, while a planned sale of the group’s 15 farms stands to raise about £140million.

The Co-op declined to comment but has previously said interest in both businesses was strong and the sales were progressing.

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