Sept 27 (Reuters) - Australian Pharmaceutical Industries (API) said on Monday it received a non-binding proposal from Sigma Healthcare (SIG) , valuing the pharmaceutical company at A$773.5 million ($561.41 million).
Under the cash-and-stock deal, API shareholders would receive A$1.57 per share, slightly above the proposed bid of A$1.55 apiece by retail conglomerate Wesfarmers (WES) .
($1 = 1.3778 Australian dollars)
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Open | High | Low | Value | Volume |
$3.01 | $3.03 | $2.98 | $48.69M | 16.23M |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 358499 | 2.980 |
4 | 111380 | 2.970 |
2 | 7542 | 2.960 |
9 | 23785 | 2.950 |
2 | 1152 | 2.940 |
Price($) | Vol. | No. |
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2.990 | 20787 | 1 |
3.000 | 354485 | 3 |
3.010 | 1230 | 1 |
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3.030 | 94866 | 2 |
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