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AAP
AAP
Derek Rose

Chemist Warehouse to land on ASX via merger with Sigma

Chemist Warehouse Sigma ASX Sigma Healthcare
Chemist Warehouse is merging with Sigma Healthcare. (Bianca De Marchi/AAP PHOTOS)

Chemist Warehouse is merging with its supplier in deal that will create an ASX-listed retail giant with a market valuation estimated at $8.8 billion. 

Sigma Healthcare will pay $700 million in cash and enough shares such that shareholders of the privately held pharmacy chain own 85.75 per cent of the merged group, Sigma announced on Monday.

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