July 12 (Reuters) - Wesfarmers Ltd (WES) :
- PROPOSAL TO ACQUIRE AUSTRALIAN PHARMACEUTICAL INDUSTRIES
- PROPOSAL PRICE CORRESPONDS TO A TOTAL EQUITY VALUE FOR API OF ABOUT $687 MILLION
- WILL FINALISE VIEW OF BUSINESS DURING DUE DILIGENCE, LOOKS FORWARD TO ENGAGING WITH API STAKEHOLDERS
- TRANSACTION WILL BE FUNDED THROUGH EXISTING BALANCE SHEET CAPACITY AND DEBT FACILITIES
Source ( https://bit.ly/3hXMsTM)
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