A scheme of arrangement is to be presented within 48 hours to take the nationwide chain of 16 pharmacies in the Cara group out of examinership, according to sources close to the process. Former Dragon’s Den star Ramona McNicholas, who owns the business with her husband Canice, is not expected to retain any equity. The pharmacist and businesswoman from Co Tyrone had expanded from a first store in Donegal in 2002 to employ 164 people at the latest count. An independent expert report prepared by Duff and Phelps’ Anne O’Dwyer as the group entered examinership in September showed that after…

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