API Sells Sigma Stake

  • Dec 16, 2019 AEDT
  • Team Kalkine

Australian Pharmaceuticals Industries Limited (ASX: API) has sold its stake in Sigma Healthcare Limited. The company sold whole interest in Sigma and now it holds no shares in Sigma.

  • Selling stake in Sigma will allow API to increase its focus on its portfolio of business;
  • The company is confident that the combination of its businesses will produce sustained shareholders value in the coming years.

At AEDT 1:34 PM, the stock was trading at $1.292 per share, up by 0.15% from its previous close.


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