Wesfarmers in talks to acquire online prescriptions business InstantScripts
Wesfarmers’ dealmaking spree in healthcare isn’t letting up. Having acquired Australian Pharmaceutical Industries last year, Street Talk can reveal the conglomerate has turned its attention to online medical prescriptions business InstantScripts.
It’s understood Wesfarmers, via its API portfolio company, has been engaged in bilateral discussions with InstantScripts, which hung up the for-sale sign in October. It is not known whether those talks – which sources said were at an advanced stage as of earlier this month – were still alive.
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