1011 [Dow Jones] Australian Pharmacuetical Industries (API.AU) likely to go on the block above A$3.00, says market source. "There's strong talk a data room has been open for a couple of weeks. I'm hearing a number above A$3.00 is being considered. I'm pretty confident Soul Pattinson -who own 21% stake- are a seller at the right price." Says a number of parties, including Symbion Health (SYB.AU) interested in the business. API last A$2.25, up 0.5%. (DWR)
API Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
