ACCC call on Sigma, Chemist Warehouse $8.8b tie-up due in four weeks

Carrie LaFrenzSenior reporter

Sep 25, 2024 – 1.11pm

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The competition regulator is still expected to make its final call on the blockbuster merger of drug wholesaler Sigma Healthcare and pharmacy chain Chemist Warehouse in four weeks.

In June, the Australian Competition and Consumer Commission raised five “orange” flags in a preliminary assessment of the deal announced last December that would create an $8.8 billion retail and wholesale giant. The ACCC then delayed the final decision in August and flagged a fresh deadline of October 24.

Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club.