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API

API Archives

What are the next steps in Chemist Warehouse and Sigma’s proposed merger?

Will you merge with me? Unpacking Sigma and Chemist Warehouse’s ACCC merger proposal and what could occur come June 13.

Wesfarmers’ API takeover: Growth drug or poison pill?

With Woolworths withdrawing its offer, Wesfarmers is in position to claim the pharmaceutical business, but it faces hurd...

Wesfarmers bid to pick up Priceline owner API in health play succeeds

The tug of war between Wesfarmers and Sigma ended over the weekend, with Sigma stepping back from the contest over the w...

API rejects “opportunistic” $687m Wesfarmers bid

API said Wesfarmers’ offer, which sat at a premium of 18.7 per cent of the three-month volume weighted average price, wa...

Priceline Pharmacy sales lift 2.4 per cent to $2.2 billion

API reports $4.0 billion in revenue for FY19 as flagship health and beauty retailer sees like-for-like sales return to g...

API banks on its own “growth engines” after Sigma merger taken off the table

CEO Richard Vincent said API is no rush to sell its Sigma shares.

Sigma rejects API merger

Takeover bid "not in the best interests of shareholders".

This week in FMCG

Take a look back on the big headlines from the week.

API flags due diligence in Sigma takeover

The health and beauty company anticipates signing a non-disclosure agreement shortly.

API offers $727m for Sigma Healthcare

Drug distributor plans to buy its rival in the face of increased competitive and regulatory pressures.

Coca-Cola Amatil invests in Aussie start-up Doshii

Soft drinks giant to support Doshii's expansion.

API acquires Clearskincare Clinics for $127.4m

Cleanskincare Clinics will join API and provide non-invasive aesthetic services, focusing on specialty skin care, anti-a...

Goat milk formula experiencing explosive sales growth

Chemist Warehouse welcomes alternative milk formula.

Australian Pharmaceutical CEO steps down

Priceline owner’s CEO and MD stepping down, company updates guidance.

Priceline drives API recovery

API returns to profit amid solid sales growth from its core Priceline chain.