Chemist Warehouse may list on ASX

Sigma Healthcare shares entered a trading halt Just before 1pm December 6, amid speculation that Chemist Warehouse will acquire majority control of Sigma Healthcare in a reverse listing of the privately owned company.

Chemist Warehouse has been actively working towards an ASX listing for most of this year, with its founding Gance and Verrocchi families seeking expansion opportunities.

The Financial Review reported that “HMC Capital, which manages listed and unlisted investment vehicles focusing on property and consumables, has been assisting Chemist Warehouse with its plans, including considering a potential ASX listing via a reverse listing through Sigma.”

“It owns a 13.5% stake in Sigma, and the Gance and Verrocchi families are investors in its vehicles.”

Must Read

MS Australia commits $4.5 million to cutting-edge research

0
Australian research to uncover the genes that could repair the damage inflicted by multiple sclerosis (MS) will soon be underway; one of 17 cutting-edge...

Shingles Awareness Week

Heart valve disease awareness