The latest announcement is out from Sigma Healthcare Ltd ( (AU:SIG) ).
Sigma Healthcare Limited has announced a merger that combines its retailing strengths with efficient supply chain capabilities, aiming to support ongoing network expansion. The merger is expected to generate significant cost synergies of $60 million annually by the fourth year, despite one-off costs of approximately $75 million. The company plans to leverage its advertising and marketing capabilities and explore growth through the rollout of Australian Franchise Network stores and offshore expansion, driven by an experienced management team.
More about Sigma Healthcare Ltd
Sigma Healthcare Limited is Australia’s largest retail pharmacy franchisor, known for its consistent growth over 20 years in the Chemist Warehouse Retail Network. The company focuses on retail pharmacy franchising, combining retailing strengths with efficient supply chain capabilities to support network expansion.
YTD Price Performance: 12.10%
Average Trading Volume: 8,765
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €20.6B
See more data about SIG stock on TipRanks’ Stock Analysis page.