Sigma rejects API takeover proposal: ASX 0.4% lower at noon
13 Mar 2019 – The ASX dropped at the open and continues to fall – currently trading 0.4% lower. Shares in Sigma Healthcare (ASX:SIG) have dropped almost 5% after rejecting the proposed merger with Australian Pharmaceutical Industries (ASX:API). Corporate Travel Management (ASX:CTD) has not contemplated undertaking any acquisition this financial year despite media speculation.
Source: Finance News Network