Street talk confirms CW tendering out wholesale business, page-12

Thanks Nightmarez3k...great perspective.

Agree that the option belongs to CW to negotiate exclusively with Sigma. So this recent decision to go out to tender is an overt message that they see the option they as worthless in terms of maintaining a good relationship and a secure, reliable service from a supplier who have more than gone out of their way to be a good business partner. CW's rapid expansion has been in part funded by Sigma's very generous credit terms particularly in the early days. I think the marriage is over.

Not sure where all this is heading but with an additional major manufacturer wanting to supply direct to pharmacies and if CW move to EBOS/Symbion, I can see this as a trigger for renewed merger discussions between Sigma and API.

It may be nothing, but an off the cuff comment by an insider has told me that API has been increasing the number of casual staff lately at the expense of permanent positions.