Wesfarmers bid to pick up Priceline owner API in health play succeeds
Inside Retail
NOVEMBER 7, 2021
Wesfarmers will acquire 100 per cent of Priceline Pharmacy-owner Australian Pharmaceutical Industries, signaling the retail conglomerate’s entrance into the wellness space. According to Wesfarmers, the aim of the buy-up is to enable the conglomerate to enter the “growing health, wellbeing and beauty sector”.
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