Wesfarmers’ API takeover: Growth drug or poison pill?
Inside Retail
JANUARY 16, 2022
The acquisition cost for API is relatively low in the context of Wesfarmers and Woolworths profits and the business’s position in an acknowledged growth sector, but the value proposition was apparently a different matter. More hurdles after the merger. Sealing the deal. Directors of API have already recommended acceptance of the $1.55-a-share
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