bearish
Sigma/Chemist Warehouse Merger: ACCC Has (Many) Issues
485 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.
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Full Insight
(Paid Plans Only, 6-minute read)
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
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- Sigma Healthcare (SIG AU): Chemist Warehouse's Reverse Takeover11 Dec 2023
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