SIG sigma healthcare limited

News: SIG Sigma Healthcare drops pursuit of Australian pharmacy chain API

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    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)

 
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Last
$2.85
Change
0.020(0.71%)
Mkt cap ! $32.89B
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Price($) Vol. No.
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