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Wesfarmers' $678m move on API makes sense


Wesfarmers’ $687m move on API makes sense
The company’s move into pharmaceutical distribution through the takeover of Australian Pharmaceutical Industries is a slap in the face for those who think conglomerates are not suited to delivering growth.
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As a member of Priceline’s Sister Club loyalty program, Wesfarmers chief executive Rob Scott is familiar with the business model underpinning his latest takeover target, Australian Pharmaceutical Industries.
He says his membership of the Priceline loyalty program is in keeping with the philosophy at Wesfarmers that all senior executives must have first-hand understanding of the businesses they own and operate. ....

New South Wales , Kenneth Gunderson Briggs , Australian Pharmaceutical Industries , புதியது தெற்கு வேல்ஸ் , கெநெத் குண்டர்சன் பிரிக்ஸ் , ஆஸ்திரேலிய மருந்து தொழில்கள் ,