bearish
Sigma/Chemist Warehouse Merger: ACCC Has (Many) Issues
486 Views13 Jun 2024 11:55
Sigma's valuation appeared rich when I last wrote on this back in December. It still is. Regulatory risk is now very apparent. I'd still be disinclined to get involved here.
What is covered in the Full Insight:
- Sigma/Chemist Warehouse Merger: ACCC Concerns
- Preliminary Issues Raised by the ACCC
- Sigma's Response to the ACCC
- Sigma's Recent Financial Performance
- Sigma's Proposed Merger Terms
Boomeranged on Tue, 1 Oct 2024 10:24
Sigma Healthcare (SIG AU) is up 14.6% as I type after news emerged it is offering franchisees who joined its network before 1 Jan 2024 the ability to break contract without penalties, in a concessional move to secure ACCC approval in its merger with Chemist Warehouse. More in "Discussions" below.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 6-minute read)
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- APAC Healthcare Weekly (Oct 20)- Eisai, Daiichi Sankyo, Junshi Bioscience, Akeso, Celltrion, Neuren20 Oct 2024
- APAC Healthcare Weekly (Oct 13)- CSPC Pharma, Hugel, Astellas, Ono Pharma, and Hanmi Pharm13 Oct 2024
- APAC Healthcare Weekly (Oct 6)-Strong Yen Impact, Sigma's Remedial Measures, Mesoblast's Fund Raise06 Oct 2024
- Sigma Healthcare (SIG AU): ASX200 Inclusion Now, MUCH More Squeezy Fun Later. Maybe...06 May 2024
- Sigma Healthcare (SIG AU): Chemist Warehouse's Reverse Takeover11 Dec 2023
x