Chemist Warehouse has provided a rare glimpse of its financial figures as it gears up for a blockbuster ASX listing via a merger with Sigma Healthcare.
More than $89 million worth of Sigma shares were traded on Wednesday,a staggering jump on the daily average of $2 million.
Chemist Warehouse plans to list on the Australian Securities Exchange via a merger with Amcal owner Sigma Healthcare.
The pharmaceutical giant will conduct a reverse takeover of Sigma Pharmaceuticals to create a multibillion-dollar healthcare business.
Pharmacy operator Sigma Healthcare is carving a new niche as it competes with chemist chains like Priceline and Chemist Warehouse.
The pharmaceutical wholesaler’s boss made the shock decision to leave the company on Monday after 11 years at the helm.
The corporate regulator has alleged the employee sold shares while in possession of insider information about major contract negotiations.
The pharmacy operator says there are bright spots despite virus lockdowns providing challenges for some chemists.
LOGOS Property has formed a new partnership with the NSW government's financial management and investment arm,TCorp,in the acquisition of $172 million worth of assets from Sigma Healthcare.
The wholesale pharmacy operator is preparing its balance sheet to spot opportunities despite Victoria's second wave.
The pharmaceuticals wholesaler said its key projects were still on track despite opposition to retention bonuses.