Earlier in February, Farmaceutica Remedia announced it had agreed to sell 52 of its pharmacies to Help Net, part of German Phoenix group, for EUR8.5 million.
The Remedia pharmacies Help Net is seeking to acquire are located in Bucharest and 11 counties in the western, southern and eastern areas of Romania.
The acquisition would make Help Net the third largest pharmaceutical retailer on the Romanian market, with over 350 pharmacies countrywide.