Wesfarmers
Say ‘yes’ to Wesfarmers, urges API
API is set to hold a shareholder meeting to vote on the Wesfarmers acquisition scheme, producing a booklet urging a “Yes” vote On Monday, the Federal Court of Australia made …
Leaving the competition
Woolworths has withdrawn from the field looking to take over pharmaceutical wholesaler API Supermarket giant Woolworths has announced it has withdrawn its offer to take over API, the pharmaceutical wholesaler. …
A promise to pharmacy
Wesfarmers assures it will keep pharmacy customer data separate from Coles if its bid for API is successful Retail giant Wesfarmers says it will guarantee the integrity of pharmacy customer …
Wesfarmers to buy API
Wesfarmers is to acquire 100% of the API shares it does not already hold – saying it supports the current community pharmacy rules API and Wesfarmers announced on Monday that …
Sigma out of the race for API
Sigma Healthcare has announced that it will not proceed with its proposal to merge with API The wholesaler made the announcement on Friday, following a series of gambits made by …
API acquisition joust not over yet
Wesfarmers the front runners but Sigma still in the running as takeover battle rumbles on When Wesfarmers bought W.H.Soul Pattinson’s 19.3% share of Australian Pharmaceutical Industries (API) in the first …
Wesfarmers makes a move
Wesfarmers has bought nearly 20% of API, in the latest move in the war to acquire the wholesaler On Thursday Wesfarmers made the announcement that it has acquired 95.1 million …
Sigma sparks API bidding war
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 …
‘Wesfarmers supports the community pharmacy model.’
Two months after it rejected a takeover bid from Wesfarmers, API has now welcomed a new bid from the owner of Bunnings and Kmart Wesfarmers announced on Thursday that it …
API says no to Wesfarmers
API Board unanimously concludes “undervalued” Wesfarmers offer is not in the best interest of shareholders The board of leading pharmaceutical wholesaler API has rejected a takeover offer from retailing giant …
Wesfarmers’ API bid under scrutiny
Guild says it is ‘monitoring’ the $687 million takeover bid for the wholesaler The Pharmacy Guild of Australia is “monitoring” Wesfarmers’ unexpected takeover bid for Australian Pharmaceutical Industries for “possible …