Ivanishvili Sells Doktor Pharmacy Chain for $70 Mln

Russian businessman Boris Ivanishvili is selling Doktor Stoletov, one of the country’s largest pharmacy chains, to the Imperia-Pharma firm for $60-70 million, RBC daily business newspaper reported on Saturday quoting market sources.

Doktor Stoletov has 414 pharmacies in 11 regions of Russia.

The chain is the second large asset sold by Ivanishvili this week. The businessman sold Rossiyskiy Kredit Bank, which is on the list of Russia’s 200 largest banks, to private investors for $352 million on May 10.

Georgian-born Ivanishvili, who holds Russian and French passports, has been involved in trying to set up an opposition party in Georgia, but has been prevented from doing so by not holding Georgian nationality.


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