bullish

Sigma Healthcare (SIG AU): Possibility of Merger with CWG Is Still Alive

691 Views04 Oct 2024 16:51
​Sigma Healthcare offers remedial measures to address anti-competition concerns raised by ACCC in proposed merger with CWG. ACCC final decision is expected on November 7.
What is covered in the Full Insight:
  • Introduction
  • Merger Summary
  • Anti-competition Concern of ACCC
  • Remedial Measures
  • Conclusion
Boomeranged on Fri, 8 Nov 2024 12:35
Sigma Healthcare secures ACCC nod for its merger with Chemist Warehouse Group, subject to the undertaking that Sigma has provided. The ACCC found that, with the undertaking, the proposed merger is unlikely to substantially lessen competition. Update on the shareholders voting on the proposed transaction is expected by the end of the year.
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