3 things to know about the latest Sigma-Chemist Warehouse talks
The wholesaler has told the ASX that negotiations are on
Sigma Healthcare and Chemist Warehouse are in negotiations for a new agreement, the wholesaler has confirmed in a statement to the ASX.
Here are three things to know:
- CWH approached Sigma about resuming the supply of fast-moving consumer goods to its stores.
- Negotiations are ongoing and there is no certainty an agreement will be reached.
- Sigma’s share price has climbed since the announcement. It was valued at 57 cents on 31 October, jumped to 61 cents on the day of the announcement and was trading at 68 cents at noon on Tuesday.