Shareholders will soon be reaching a stage where they will be very open to a reasonable takeover offer. There could be a few candidates who would like to get into Australian Pharmacy scene as full line wholesalers with a network of aligned pharmacies particularly in good shopping centre locations.Coles, Woolworths or DHL could be amoung likely suitors. Are Sigma's major shareholders in a position of strength to resist?
Perhaps if API and Sigma don't start talking merger soon it may be too late and the landscape of retail pharmacy could change forever.
Looking Cheap imo, page-51
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