Anything but simple! Reverse takeover of Sigma to gain an ASX listing. Sigma had to pay big dollars to CWH too because of the lower valuation of Sigma's business. Not to mention ACCC connotations. There is a lot more than the corporate CWH and Sigma's warehouse operations merging - it is the intrinsic value of both companies franchise brands and operations of all the independently owned pharmacies coming together under CWH control as the franchisor.
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