Industry News - Tag: Australian Pharmaceutical Industries
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17 January 2022
Australian conglomerate Wesfarmers looks set to acquire Australian Pharmaceutical Industries (API), including its Priceline Pharmacy chain, after the Woolworths Group withdrew a competing takeover proposal.
8 December 2021
Australian Pharmaceutical Industries (API) is considering a takeover proposal from Australian supermarket chain Woolworths Group in addition to the agreed offer from Australian conglomerate Wesfarmers.
7 October 2021
Australian Pharmaceutical Industries (API) is considering a second takeover proposal from Sigma Healthcare in addition to the offer from Wesfarmers announced in July 2021. Meanwhile, Wesfarmers has acquired a 19.3% stake in API.
24 September 2021
Phoenix has released financial results, Australian Pharmaceutical Industries (API) is supporting an improved takeover offer from Wesfarmers, and Shop Apotheke Europe has completed the move to its new logistics hub.