Business
Wesfarmers lobs $687m takeover bid for Priceline owner API – Sydney Morning Herald
The surprise takeover bid marks the retail giant’s first major move into the pharmaceuticals industry.
Major retailing conglomerate Wesfarmers has made a surprise $687 million takeover bid for local pharmaceutical retailer and distributor Australian Pharmaceutical Industries (API), marking the retail giants first major move into the pharmaceuticals industry.
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