Global investment firm Carlyle is learnt to be in advanced discussions with Malaysia’s Caring Pharmacy to buy a sizeable stake in the drugstore chain, three sources aware of the development told DealStreetAsia.
Caring Pharmacy — a seller of pharmaceutical, health care, and personal care products — is majority-owned by 7-Eleven Malaysia Holdings Bhd, the Kuala Lumpur-listed owner of the convenience store chain 7-Eleven.