API australian pharmaceutical industries limited
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News: API Wesfarmers Says Acquired 95.1 Mln Shares In Australian Pharmaceutical Industries

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    07/10/21
    09:50
    Post #: 56622935

    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];))

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