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Sigma boldly goes it alone

Sigma chairman Brian Jamieson said on March 21 that while the company was not against industry consolidation, the API merger proposal was not considered to be in the interests of shareholders. Sigma’s rejection of the merger was predicated on a plan developed to restructure the company as it faces the termination of the Chemist Warehouse Group supply contract in June, according to Jamieson. However, while Jamieson contended the decision was made in the best interests of shareholders, it is und