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ACCC flags concerns over pharmacy merger

Summary by Canberra CityNews
The ACCC has raised concerns over a proposed merger of Chemist Warehouse with a supply company. By Derek Rose in Sydney A corporate regulator has raised competition concerns about Chemist Warehouse’s $8.8 billion merger with Sigma Healthcare, a key supplier to thousands of independent pharmacies. The Australian Competition and Consumer Commission has identified a range of preliminary concerns, including at the retail level. “The transaction woul…
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Canberra CityNewsCanberra CityNews

ACCC flags concerns over pharmacy merger

The ACCC has raised concerns over a proposed merger of Chemist Warehouse with a supply company. By Derek Rose in Sydney A corporate regulator has raised competition concerns about Chemist Warehouse’s $8.8 billion merger with Sigma Healthcare, a key supplier to thousands of independent pharmacies. The Australian Competition and Consumer Commission has identified a range of preliminary concerns, including at the retail level. “The transaction woul…

·Canberra, Australia
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Canberra CityNews broke the news in Canberra, Australia on Thursday, June 13, 2024.
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