Dec 14 (Reuters) - Drug distributor Australian Pharmaceutical Industries (API) (API) on Friday said it had offered about A$727 million ($524.9 million) to buy all of peer Sigma Healthcare Ltd (SIG) , of which it already owned nearly 13 percent.
The proposal equated to A$0.686 per Sigma share and API shareholders would own about 63 percent of the combined entity if the cash-and-stock deal succeeded, API said in a statement.
The terms of the proposal were made to Sigma's board on Oct. 11.
($1 = 1.3850 Australian dollars)
News: SIG Australian Pharmaceutical Industries offers to buy Sigma Healthcare
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Last
$2.78 |
Change
0.080(2.96%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.93 | $2.74 | $33.61M | 11.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4703 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.65 | 17002 | 4 |
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| Last trade - 15.59pm 28/11/2024 (20 minute delay) ? |
| SIG (ASX) Chart |
