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Wesfarmers wins Priceline-owner API board over after lifting offer

Wesfarmers wins Priceline-owner API board over after lifting offer
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

Phil Pepe , Ocean Equitie , Simon Conn , Washingtonh Soul Pattinson , Investors Mutual , Clear Skincare , Blue Ocean Equitie , பில் பேபே , சிமோன் இணைப்பு , முதலீட்டாளர்கள் பரஸ்பர , தெளிவானது சரும பராமரிப்பு ,

Wesfarmers seeks to acquire Priceline in $687 million deal


Wesfarmers seeks to acquire Priceline in $687 million deal
Source: Inside Retail.
Retail conglomerate Wesfarmers has made a $687 million bid at buying up Priceline’s parent company Australian Pharmaceutical Industries an offer that will net API’s shareholders a 21% premium.
According to Wesfarmers, the deal will provide capital and investment to strengthen API’s competitive position, as well as the position of its community pharmacy partners.
The acquisition would see Wesfarmers take control of Priceline Pharmacy, Clear Skincare, Pharmacist Advice, Soul Pattinson Chemist and Club Premium.
Wesfarmers managing director Rob Scott said the acquisition would also enable the conglomerate to enter the “growing health, wellbeing and beauty sector”. ....

Rob Scott , Australian Pharmaceutical Industries , Washingtonh Soul Pattinson , Club Premium , Priceline Pharmacy , Clear Skincare , Pharmacist Advice , Soul Pattinson Chemist , Scheme Implementation Deed , கொள்ளை ஸ்காட் , ஆஸ்திரேலிய மருந்து தொழில்கள் , சங்கம் ப்ரீமியம் , பிரீசேலினே மருந்தகம் , தெளிவானது சரும பராமரிப்பு , ஆன்மா பாட்டின்சன் வேதியியலாளர் , திட்டம் செயல்படுத்தல் பத்திரம் ,

ASX rises 1pc; BHP, Rio, Fortescue lead gains


ASX rises 1pc; BHP, Rio, Fortescue lead gains
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The market at midday
Resource Base dips on debut
William McInnes
Resource Base has dipped on its debut on the local sharemarket, despite the majority of gold miners trading higher.
Junior gold explorer had listed at 20¢ a share but inside the opening minutes of trading, was down 12.5 per cent to 17.5¢.
The company had raised $5.5 million through its initial public offering and listed with a market capitalisation of $10.7 million.
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Online broker SelfWealth to add crypto in Aussie first
Aleks Vickovich
ASX-listed share-trading platform SelfWealth will add cryptocurrencies as more than two thirds of its customer base of active traders and self-managed super investors hold or plan to invest in digital assets. ....

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