Wesfarmers bid to pick up Priceline owner API in health play succeeds
Inside Retail
NOVEMBER 7, 2021
API had been locked in a tug of war between Wesfarmers and fellow pharmaceuticals firm Sigma, which made a bid at keeping Wesfarmers out of the health space , but ultimately stepped out of the contest over the weekend after the retail business upped its ownership of API to 19 per cent and said it would vote against Sigma’s deal.
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