API australian pharmaceutical industries limited

Ann: Woolworths withdraws non-binding proposal to acquire API, page-9

  1. 380 Posts.
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    Wes have made a binding bid so not sure they can pull out.

    woolies wouldn't have wanted the business with Wes having 19%. I think Wes played it well by getting the 19% as it would deter other bidders.

    suspect woolies only put in the bid to get a look at the Priceline books.

    Wes could even go after sigma now for an enlarged wholesaler.
 
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