Sigma Healthcare Drops in Sydney After Boots Bid Reports Cloud Chemist Warehouse Deal
Sigma Healthcare Ltd shares slipped this week, with the stock closing at A$2.64, down 1.86% on the day and off 9.28% for the last seven sessions, as investors weighed up if the Chemist Warehouse owner is planning a much bigger play in the UK pharmacy space. The ASX-listed company’s market data is from Intelligent Investor. The recent drop came after Sigma put out a June 10 ASX statement on talk about Boots, the pharmacy chain out of the UK. Sigma said it had some early talks about the Boots sale process but said there’s no guarantee a deal will take place.