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Sigma Healthcare Ltd ( (AU:SIG) ) has issued an update.
Sigma Healthcare Ltd has announced that its proposed merger with CW Group Holdings Ltd, known as Chemist Warehouse, received overwhelming approval from Chemist Warehouse shareholders. The merger will proceed with Sigma acquiring all issued shares of Chemist Warehouse, subject to court approval and other conditions. If approved, the merger will become effective in early February 2025, with new Sigma shares expected to begin trading shortly afterward, potentially strengthening Sigma’s position in the pharmaceutical retail industry.
More about Sigma Healthcare Ltd
Sigma Healthcare Ltd operates in the healthcare sector, focusing on pharmaceutical distribution and retail services. The company is involved in providing pharmacy services and products, aiming to enhance healthcare delivery across Australia.
YTD Price Performance: 15.29%
Average Trading Volume: 7,905
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.83B
Learn more about SIG stock on TipRanks’ Stock Analysis page.
