Business
Wesfarmers’ API bid could be the start of a fresh shopping spree – The Australian Financial Review
The $1.38 a share cash offer for Priceline owner API was classic Wesfarmers modus operandi, and was timed to perfection.
Wesfarmers was prepared to look past APIs current challenges to the longer-term growth prospects of the $40 billion-plus pharmacy distribution and retail market, and the broader health, beauty and wellbeing sector.
The sectors growth is being underpinned…
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