Sigma sparks API bidding war

43281150 - medicines with money inside
Pharmacy Guild says it will monitor developments on API buyout for any “possible implications”. Sigma Healthcare has made a takeover offer for Australian Pharmaceutical Industries (API), trumping Wesfarmers 11 day old bid, and valuing the company at $773.5 million. Sigma made a conditional non-binding indicative proposal to acquire 100% of API for a combination of

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