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An announcement from Sigma Healthcare Ltd ( (AU:SIG) ) is now available.
Sigma Healthcare Limited has announced a proposed merger with CW Group Holdings Limited, the parent company of Chemist Warehouse. This merger, intended to be implemented through a scheme of arrangement, will see Sigma acquire all issued shares of Chemist Warehouse. The successful execution of this merger is contingent on shareholder approval at a general meeting. This strategic move is expected to significantly transform Sigma’s business operations, creating a robust foundation for future growth and strengthening its position in the healthcare industry. The outcomes of the voting process will be communicated to the Australian Securities Exchange (ASX).
More about Sigma Healthcare Ltd
Sigma Healthcare Limited operates in the healthcare industry, providing pharmaceutical products and services. The company focuses on expanding its market presence and operational capacity through strategic mergers and acquisitions.
YTD Price Performance: 3.82%
Average Trading Volume: 7,905
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.53B
See more data about SIG stock on TipRanks’ Stock Analysis page.
