Sigma Healthcare Ltd (AU:SIG) has released an update.
The Australian Competition & Consumer Commission (ACCC) has expressed preliminary concerns over Sigma Healthcare’s intended acquisition of Chemist Warehouse, suggesting it could reduce competition in the pharmacy sector. The merger would unite Sigma, a major wholesaler, with Chemist Warehouse, the largest pharmacy chain by revenue, potentially disadvantaging independent pharmacies and consumers through higher prices and reduced service quality. The ACCC is seeking feedback from industry stakeholders before making a final decision.
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