Tag: ASX:API

Australian Pharmaceutical Industries Ltd (ASX: API) to acquire Wesfarmers Ltd (ASX: WES) after signing an implementation plan.

The Pharmacy Guild of Australia notes that Sigma Healthcare Limited has announced a proposal to acquire API (Australian Pharmaceutical

Australian Pharmaceutical Industries (ASX: API) share price versus Sigma Healthcare Ltd (ASX: SIG) increased versus takeover offer from Wesfarmers Ltd (ASX: WES).

The pharmacy network has endorsed a $ 1.55 per share offer that adds 17 ¢ to Wesfarmers' opening offer two months ago.

Wesfarmers Ltd (ASX: WES) stock price is watched today after the company increased its tender offer to $ 1.55 per share for Australian Pharmaceutical Industries Ltd (ASX: API).

The owner of Priceline Pharmacies rejected Wesfarmers' offer because it underestimated the health and beauty group.

Check out the brand new season of The Bold Type on Stan now. Keywords: Wesfarmers,Australian Pharmaceutical Industries,Priceline,ASX,Pharmaceutical industry,ASX:API,Wesfarmers, Australian Pharmaceutical Industries, Priceline, ASX, Pharmaceutical industry, ASX:API,,,wall street,dow jones,s&p 500,nasdaq,tech,asx,stocks,stockmarket,shares,dollar,aud,,,,,,

Wesfarmers CEO Rob Scott says his premium pitch for the owner of Priceline Pharmacy is a "small, modest investment" that over time could prove to be a useful platform for building a new health department.