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30 June 2023 at 4:21pm
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[ARTICLE] Sigma drops bid for rival API, leaving Wesfarmers to take control

A news article has been posted about Wesfarmers on the AFR. The article was published around , on 5 November 2021 at 10:46am.

Wesfarmers is a step closer to snaring target Australian Pharmaceutical Industries after rival suitor Sigma Healthcare dropped its proposal to merge with the owner of the Priceline Pharmacy chain. The decision Friday to not move ahead with hits heavy script deal follows the non-binding proposal lobbed by Sigma on September 27 to merge with its main rival.

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WES was $59.12 at the close of trade on 04 November 2021

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