Woolworths withdraws A$850m bid for Australian Pharmaceutical Industries
Australian Pharmaceutical Industries (API) said that retailing company Woolworths Group has taken back its non-binding indicative proposal, announced last month, to acquire 100% of the company for AUD 850 million ($610.5 million). The Australian health and beauty company said that the scheme implementation deed (SID) with Wesfarmers Limited remains intact and is on track to […]