DFIHY DFI Retail Group Holdings Ltd (PK)

LONDON--Pan-Asian retailer Dairy Farm International Holdings Ltd., has acquired a 49% interest in Rose Pharmacy Inc., for an undisclosed sum.

Dairy Farm said it intends to support the future growth of this joint venture by broadening its consumer offering as part of the Group's wider Health & Beauty portfolio.

Rose Pharmacy is a Cebu-based pharmacy retailer which at the end of 2013 operated 238 outlets throughout Philippines.

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

Subscribe to WSJ: http://online.wsj.com?mod=djnwires