Business
Sigma Healthcare shuts data room as API takeover heats up – The Australian Financial Review
There’s a fresh twist in the battle for Priceline Pharmacy owner Australian Pharmaceutical Industries.
Wesfarmers is in the API data room with an all cash indicative bid at $1.55 a share, while Sigma secured its ticket with a scrip-heavy merger proposal valuing API at $1.57 a share.
Sigmas scrip and cash offer meant API also needed to run diligence on its…
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