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French cultural body Alliance Francaise de Melbourne has made its shift to the CBD permanent, buying level one of 140 Bourke Street for $4.5 million.
When pharmaceuticals consolidate, like the Chemist Warehouse-Sigma merger, evidence shows we get less competition and higher prices.
The listing of Chemist Warehouse on the ASX is the final nail in the coffin for laws designed to keep pharmacies in the hands of small business owners.
There are over 200 managing partners who are shareholders in the discount chain. They are all ambitious pharmacy owners, many with multiple sites.
Sigma’s board no doubt pushed for as good a deal as they could get. The motivations of their advisers, though, are complex.