In a significant development for Australia’s pharmaceutical sector, the Australian Competition and Consumer Commission (ACCC) has given the green light to the merger of Chemist Warehouse and Sigma Healthcare. The deal, worth a massive $8.8 billion, will create the largest pharmacy retailer in the country. Chemist Warehouse, known for its discount pricing, will merge with Sigma Healthcare, one of the largest wholesalers and distributors of pharmaceuticals in Australia.
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