Gehe has offered pounds 650m for Lloyds Chemists.Reuse content
Gehe, one of Europe's largest drug wholesalers, declined to comment on reports it planned to sell all of its drug production units for a total of DM800m (pounds 331m). German daily newspaper Handelsblatt said Gehe planned to sell its generic-drug making units in order to focus on retail and distribution. Handelsblatt said Sandoz was interested in buying Gehe's Azupharma unit, which has sales of DM270m. Gehe also declined to comment on its effort to take over Lloyds Chemists, the British pharmacy chain.