Wednesday, February 26, 2014

Co-op unveils farm, pharmacy sell-offs as losses mount

A Union Jack is reflected in a window of a branch of the Co-operative Bank in the City of London By Belinda Goldsmith LONDON (Reuters) - Britain's embattled Co-operative Group said on Wednesday it was selling its farming business and looking at offloading its pharmacies as the BBC reported the group was about to report the worst loss in its 170-year history. The sales are part of a restructuring at the member-owned group rocked in the past year by the discovery of a 1.5 billion pound capital hole in its banking arm and a drugs scandal involving ex-chairman, Methodist minister Paul Flowers.








via Health News Headlines - Yahoo News http://ift.tt/1cQ0S1z

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