Shareholders in the Lloyds Chemists group are waiting to see which of its two bidders will up the stakes for control of the chain.
Both Unichem and Gehe have bid £650m for the company. The Lloyds board has told shareholders they will benefit more if the company is taken over by either bidder, than if it remains independent.
- Telegraph 20/11/96 page 31
- Financial Times 20/11/96 page 23
- Times 20/11/96 page 32