Retail in brief | McKesson, Wesfarmers, API
8 April 2022
McKesson has completed the sale of of its UK businesses including Lloydspharmacy, and Wesfarmers has completed the takeover of Australian Pharmaceutical Industries (API).
Industry News - Tag: Australian Pharmaceutical Industries
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Retail in brief | API, Rite Aid, Oriola
17 March 2022
Wesfarmers has moved a step closer to acquiring API, Rite Aid has streamlined its management team and Oriola has appointed an interim chief executive officer.
Wesfarmers set to gain API as Woolworths withdraws
Premium
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.
Retail in brief | Rite Aid, API, Phoenix
21 December 2021
Rite Aid has announced store closures in the US, Wesfarmers says it will not back a bid by Woolworths Group to acquire Australian Pharmaceutical Industries (API) and Phoenix has released financial results.
Australia’s API gets takeover offer from Woolworths
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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.
Retail in brief | Wesfarmers, API, WBA
11 November 2021
Wesfarmers looks set to acquire Australian Pharmaceutical Industries (API) and Walgreens Boots Alliance (WBA) has hired a vice president of global investor relations.
Australia's API gets second takeover offer from Sigma
Premium
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.
Retail in brief | Phoenix, API, Shop Apotheke Europe
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.
Retail in brief | API, CVS Health, McKesson
6 August 2021
Australian Pharmaceutical Industries (API) has rejected a takeover offer from Wesfarmers, while CVS Health and McKesson have released financial results.
Retail in brief | API, GNC, Shop Apotheke Europe
22 July 2021
Wesfarmers has made a takeover offer for Australian Pharmaceutical Industries (API), GNC has announced two changes to its leadership team, and Shop Apotheke Europe has released financial results.