The billionaire founders of pharmacy chain Chemist Warehouse are a step closer to creating a $28.9 billion sharemarket giant after the competition regulator said their planned merger with ASX-listed Sigma Healthcare could proceed.
The Australian Competition and Consumer Commission decided on Thursday it would not oppose the proposed deal after a lengthy examination that ran several months and extracted key concessions from the companies.
Loading...
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. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
