Pharmacy corporates’ $9 billion merger strikes fear into the guild’s heart
The combined group would have almost 1000 retail stores across Australia.
![](https://www.ausdoc.com.au/wp-content/uploads/2023/04/dreamstime_m_134941407-Chemist-Warehouse-300x225.jpg)
The Pharmacy Guild of Australia has sounded the alarm over a planned merger between Chemist Warehouse and Sigma Healthcare, which would see the pharmacy giants create an $8.8 billion company.
Sigma has launched a $400 million equity raise to fund its acquisition of Chemist Warehouse, which it plans to buy in exchange for shares and $700 million in cash.