API 0.00% $1.53 australian pharmaceutical industries limited

Ann: API Board rejects indicative proposal from Wesfarmers, page-10

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  1. 140 Posts.
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    Hi Footmax

    Initially, I was very confident that WES would make a second bid. Given that WES would like to use API as the starting step of a health division, I still think a second bid price is the most likely outcome. However, my level of confidence has decreased - your statement, "Maybe they won't if they can't get a really low price for the acquisition.", might be the outcome.

    Regards

    Old Fisherman
 
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