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Sigma surprised as Wesfarmers seeks to block its API bid – The Australian Financial Review

The WA-based giant has flexed its muscle in the battle for API, taking up its right to a 19.3 per cent stake from Soul Patts…

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It is understood Mr Gunston was locked in a board meeting on Thursday afternoon mulling the next move given Wesfarmers plans to vote its new stake against the Sigma deal, making it extremely difficult for it to reach the needed 75 per cent voting threshold…

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