Nov 5 (Reuters) - Sigma Healthcare (SIG) said on Friday it dropped its takeover bid for Australian Pharmaceutical Industries (API) , nearly a month after retail conglomerate Wesfarmers Ltd (WES) picked up a large stake in its own pursuit of the pharmacy chain.
Sigma had made a cash-plus-stock bid of A$773 million ($572.02 million), or A$1.57 per share, to rival Wesfarmers' A$1.55 a share offer.
($1 = 1.3514 Australian dollars)
News: SIG Sigma Healthcare drops pursuit of Australian pharmacy chain API
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Last
$3.00 |
Change
0.005(0.17%) |
Mkt cap ! $34.51B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.00 | $2.96 | $9.463M | 3.174M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 73 | 236727 | $2.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 319208 | 52 |
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| SIG (ASX) Chart |