Wesfarmers
Wesfarmers/API SILK Laser deal back on
WA giant does U-turn on $180m deal after walking away less than a month ago Wesfarmers continues its health care expansion announcing it has entered into a takeover deal via …
API/Priceline pay shortfall review nears completion
Almost ten months since the investigation was announced A review of payroll practices at Australian Pharmaceutical Industries (API) after “historical payment errors” were flagged is nearing completion, according to the …
Wesfarmers buys InstantScripts for $135m
Telehealth operation to fall under API as retail giant embarks upon health expansion Telehealth business InstantScripts has been bought by the now Wesfarmers-owned Australian Pharmaceutical Industries for $135 million. In …
The week in review
The furore over 60-day dispensing continues, as pharmacists descended on Canberra to engage with MPs Pharmacists made their presence known in Parliament this week, and we heard that some Labor …
Wesfarmers to ‘rationalise underperforming’ own Priceline stores; briefing
Strategy to “reset Priceline..fundamentals” as Silk Laser deal fizzles and rumours swirl of Instant Scripts acquisition Wesfarmers Health has announced it will be “resetting” and “reinvigorating” its Priceline pharmacies, in …
CWH’s Tascone takes on Guild – with jelly beans
Disruptor chain director speaks out on location/ownership rules, supermarkets moving into pharmacy…and the jelly bean wars The My Chemist director’s exclusive interview with AJP at the 2023 APP conference covered …
API moves to buy SILK Laser for $169M
Board of 140-plus non-surgical aesthetics clinic chain supports deal Australian Pharmaceutical Industries (API) has entered into an transaction process agreement with non-surgical aesthetics outfit SILK Laser Australia to acquire 100% …
Wesfarmers Health nabs new digital head from dept store giant
Former Myer chief information officer says group is aiming to “dominate in the pharmacy sector” Wesfarmers has poached former Myer’s chief information officer (CIO) Troy Smith to take up the same …
Wesfarmers’ new health division delivers $2.78b revenue
But PBS changes, increased competition, inflation and reduced COVID-19 anti-viral demand have a negative future impact Wesfarmers’ health division, built on the back of last year’s acquisition of Australian Pharmaceutical …
API underpayment investigation a “priority”; Wesfarmers
But with no deadline in sight, PPA vows continued support for its membership The investigation into apparent historical underpayments at API and associated operations Priceline, Soul Pattinson Chemist and Clear …
CWH poaches top executive from Officeworks
New CIO for discount chain to start in February Discount retail pharmacy giant Chemist Warehouse will have a new chief information officer in Damien Ballesty, who is moving over from …
MedAdvisor Australian revenue up 38%: earnings update
Meanwhile Wesfarmers MD nods to “pleasing” results from new health division created after recent API acquisition The purchase of the Pharmacy Guild’s GuildLink business has given an immediate increase to …