General
ASX up as Wesfarmers takeover bid for pharmaceutical chain sees API skyrocket
The Australian share market was trading up on Monday as healthcare company Australian Pharmaceutical Industries (API), owner of Priceline, skyrocketed on a takeover bid from Wesfarmers.
Key points:
- ASX rises almost 1 per cent on open
- Best performer on Monday was API after it received a takeover…
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