Wesfarmers
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 …
Sigma’s retail pharmacy strategy fraught: analysts
Consolidation plan could end up benefitting competitors more than Sigma, says MST Marquee Sigma Healthcare’s plan to consolidate its retail pharmacy offering into just two brands could be a difficult …
It’s all about retail: Sigma boss
Ramsunder outlines his consumer-led vision as the company names a new Guardian and Amcal boss. Newish Sigma Healthcare chief executive Vikesh Ramsunder is looking to significantly boost the company’s retail …
The week in review
Possible historical underpayments at API, GPs campaigning on an anti-pharmacy scope platform and exclusion from the Jobs Summit… it’s been quite a week in pharmacy The Government held its Jobs …
Historical wage underpayment at API?
“Review of payroll practices” by new owner Wesfarmers finds likely “payment errors” Wesfarmers has announced that a review of payroll practices of its new acquisition Australian Pharmaceutical Industries (API) has …
Wesfarmers plans to expand health offer
The managing director of Wesfarmers has told a conference that, “Ultimately, we see API as a platform for long-term growth in health” Rob Scott, managing director of Wesfarmers – which …
Wesfarmers gives tick to pharmacy model
API acquisition will form the cornerstone of a new $10 billion Wesfarmers health division, company reveals The acquisition of wholesalers Australian Pharmaceutical Industries by retail giant Wesfarmers has finally been …
Court approves API acquisition
Wesfarmers’ acquisition of API has successfully made it through the Federal Court API has announced that the Federal Court of Australia has made orders approving the scheme of arrangement between …
Wesfarmers wins over API
API’s shareholders have voted for the Wesfarmers takeover, the wholesaler has announced On Thursday API held its Scheme Meeting, convened to consider the proposed scheme of arrangement under which a …