Australian Pharmaceutical Industries (API) Archives - Inside Retail

Sigma confident of turnaround plan after profit slide

Pharmacy retailer to cut staff, close DCs to realise $100m in savings.

Sigma says staff cuts part of $100 million cost savings

Pharmacy network completes business review.

API chair expects Sigma deal to be signed shortly

Merger expected to save $60 million annually by 2022 if approved.

Desperately seeking Sigma

Although API’s offer for Sigma Healthcare appears to be a good deal, the board owes it to investors to seek out other possible suitors.


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