	woolworth bids mln stg for superdrug woolworth holdings plc wluk l said it would make a mln stg agreed bid for superdrug stores plc valuing the company s shares at about p each the offer would be made on the basis of new woolworth ordinary shares for every in superdrug woolworth said it had received acceptances from the holders of pct of superdrug shares the bid is woolworth s second attempt in recent months to uire a retail chemist chain earlier this year it negotiated a possible bid for underwoods plc buit the talks were broken off two weeks ago full acceptance of the offer would involve the issue of about mln new woolworth shares or pct of the enlarged share capital a cash alternative would offer p for each share in superdrug members of the goldstein family have accepted the offer for mln shares which have not been underwritten another major shareholder rite aid corp s rite investments corp unit had accepted the offer for mln shares and would take the cash alternative for mln of these in the year to end january woolworth reported pretax profits sharply higher at mln stg after mln previously in the year to end february superdrug reported pretax profits of mln after mln previously on turnover that rose to mln from mln superdrug shares firmed to p from p on friday woolworth eased to p from p reuter 
