Chemist Warehouse deal will create A$8.8b pharmacy giant
The deal is sure to be scrutinised by the ACCC, both for its size and also for its integration of wholesale and retail.
The new group will be dominant in Australia and well positioned for growth in New Zealand, Europe, and China.
Chemist Warehouse Group’s reverse merger with ASX-listed Sigma Healthcare will create Australia’s largest pharmacy group worth about A$8.8 billion and place the new company well inside the ASX200.
The merged group, which was today referred to as ‘MergeCo’ by executives of both companies,
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