Oct 7 (Reuters) - Australian Pharmaceutical Industries Ltd (API) :
- COMMITTED TO PURSUING PROPOSAL TO ACQUIRE API FOR CASH CONSIDERATION OF A$1.55 PER SHARE
- ACQUIRED 95.1 MILLION SHARES IN AUSTRALIAN PHARMACEUTICAL INDUSTRIES LIMITED
- OF THE VIEW THAT CO'S PROPOSAL IS SUPERIOR TO SIGMA PROPOSAL AND IS IN BEST INTERESTS OF API SHAREHOLDERS
- DOES NOT INTEND TO SUPPORT, OR VOTE ITS 19.3% API SHAREHOLDING IN FAVOUR OF SIGMA PROPOSAL
(([email protected];))
News: SIG Wesfarmers Says Acquired 95.1 Mln Shares In Australian Pharmaceutical Industries
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