Legal twist stymies Chemist Warehouse bid to buy pharmacy

Seller changed his mind about $2.2 million offer

Chemist Warehouse has been stymied in a legal bid to force the owner of a Priceline pharmacy to honour a sale agreement.

Legal twist stymies Chemist Warehouse bid to buy pharmacy

This follows a decision to put the company that owns the pharmacy into administration during the Chemist Warehouse court challenge.

The saga started in 2017 when pharmacist Jeremy Hampton put Priceline Pharmacy Eastlands in Tasmania on the market through his company Zomay Holdings Pty Ltd.

Warren Lucas, Tasmanian state manager CWH/My Chemist Group put in an offer for $2.2 million in October 2018.

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