ASX Announcements
Market Sensitive
AXX: AXX consults on SIG's remedy for Chemist Warehouse deal
Company Administration - Other
- Oct 1, 2024
- 3 pages
Dividend Record Date, Dividend Pay Date, Dividend Rate
- Sep 25, 2024
- 4 pages
Market Sensitive
Half Year Results Presentation
Half Yearly Report, Company Presentation
- Sep 25, 2024
- 28 pages
This Month
- Updated
- Healthcare
Sigma shares surge as it offers concessions for Chemist Warehouse deal
The pharmacy retailer and wholesaler says its franchisees will be allowed to leave without being penalised if it secures the $8.8 billion merger.
- Updated
- Michael Smith
September
ACCC call on Sigma, Chemist Warehouse $8.8b tie-up due in four weeks
Merger plans are tracking in line with expectations, with the competition watchdog to make a final decision on October 24 after a previous delay.
- Carrie LaFrenz
August
- Exclusive
- Retail
Wesfarmers wants slice of retail media boom for Bunnings, Officeworks
The hardware and stationery giants have plans to enter the novel sector, joining Woolworths and Coles.
- Carrie LaFrenz and Sam Buckingham-Jones
Competition regulator delays $8.8b Chemist Warehouse deal approval
The ACCC is undertaking more analysis of the transaction, which would merge the pharmacy giant into Sigma Healthcare. A decision won’t be made until October.
- Michael Smith
July
How Airlie’s Granger got his small-cap fund off to a cracking start
Portfolio manager Will Granger has more than doubled the benchmark with his new Small Companies Fund. He is now backing this little-known retailer stock.
- Sarah Jones
Hedge fund takes Barrenjoey to task over Chemist Warehouse deal
Faced with competition regulator concerns, Wickhams Hill reckons Chemist Warehouse is far more likely to pursue a traditional IPO than sell stores.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Pharmacies face an ‘Uber’ moment – whether they like it or not
Stephen King, who led a Health Department review into the sector, says antiquated ownership restrictions should be abolished before they do more damage.
- Carrie LaFrenz
Baby Bunting plots expansion on the back of HMC’s property portfolio
The retailer fell on tough times but its new CEO is expanding the network into fresh areas with smaller formats and exclusive products.
- Carrie LaFrenz
June
Barrenjoey says ACCC overplaying Chemist Warehouse’s supply risks
The broker has told clients that the competition regulator has ignored independent wholesaler CH2 when warning the deal will mean less drug supply competition.
- Carrie LaFrenz and Jemima Whyte
- Updated
- Mergers & acquisitions
Chemist Warehouse may have to sell stores to save merger
Chemist Warehouse may have to sell off part of its store network to convince the competition regulator that plans to merge with Sigma would not lessen competition and lead to higher prices.
- Updated
- Carrie LaFrenz and Tom Richardson
- Opinion
- Chanticleer
Chemist Warehouse deal can still get past ACCC health check
The issue of the competitiveness of Sigma’s pharmacies may require a more direct solution, such as disposing of a few Chemist Warehouse outlets.
- Updated
- James Thomson
- Exclusive
- Mergers & acquisitions
Competition concerns stalk Chemist Warehouse’s $8.8b Sigma deal
A Singaporean hedge fund warns the “smart money was playing dumb” on a deal that means the merged group will be the only major player in Darwin and control 68 per cent of Melbourne’s market.
- Jemima Whyte and Jonathan Shapiro
May
- Opinion
- Chanticleer
Why Chemist Warehouse deal could create a ‘governance Frankenstein’
The unique family business has a staggering level of related party transactions. How that will work in an ASX-listed company remains unclear.
- James Thomson
Chemist Warehouse-bound Sigma gets first strike on pay
The drug wholesaler, which is seeking to merge with Chemist Warehouse, will get news on the deal from the ACCC in mid-June.
- Carrie LaFrenz
April
- Opinion
- Chanticleer
How Chemist Warehouse can get its deal past the ACCC
Divestments may be needed to get the Chemist Warehouse/Sigma deal over the line, but they don’t look too strenuous.
- Updated
- Anthony Macdonald
March
Chemist Warehouse sales, profit surge ahead of ASX debut
Regulatory approval from the ACCC stands in the way of a combined Chemist Warehouse and Sigma, which have revealed robust financials before their merger.
- Updated
- Carrie LaFrenz and Jemima Whyte
- Opinion
- Chanticleer
First look under the hood of Chemist Warehouse is striking
Sigma Healthcare gave investors a little taste of the growth inside the country’s biggest pharmacy retailer on Thursday. The numbers are impressive.
- Updated
- James Thomson
Jobless rate falls; Powell unleashes bulls; Chemist Warehouse surges
Read everything that’s happened in the news so far today.
- Opinion
- Company mergers
The Sigma-Chemist Warehouse deal is upending all the usual rules
If you need proof that the $8.8 billion reverse listing is unusual, cast your mind forward to the company’s results on Thursday. They’re almost irrelevant.
- Jemima Whyte
February
Critical minerals bust | When will rates fall? | Elon Musk’s very bad day
This week we try to answer the big question on the minds of markets: when are interest rates coming down; examine the critical minerals bust; and look at Elon Musk’s ‘excessive’ pay package and the Australian connection.