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ACCC Greenlights Sigma/Chemist Warehouse Merger
708 Views07 Nov 2024 11:25
Punchy move today. And trading at levels well beyond peers. This development is very positive - Sigma/CWG will be a powerhouse. But a lot of positives are currently baked into a MergeCo valuation.
What is covered in the Full Insight:
- ACCC Approval Details
- Key Takeaways from the ACCC and Sigma
- Share Performance and Major Stakeholders
- Merger Terms and Conditions
- Sigma's Current Financial Performance
Boomeranged on Thu, 30 Jan 2025 09:26
After more than a year, the reverse takeover of Sigma cleared the final hurdle with shareholders overwhelmingly - and unsurprisingly - giving the green light. The muted price action today reflects this. New Sigma shares are expected to commence trading on 13 Feb 2025. Â Expect near-term price action to be dominated by passive/index buying and non-escrowed Chemist Warehouse shareholders selling.
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