Approximately 370 staff have been affected by DC closures.
Shareholders have voiced frustration over failed API merger, remuneration report.
With the API merger off the table, where to now for the company?
Pharmacy retailer to cut staff, close DCs to realise $100m in savings.
Sigma board said cash-and-scrip approach by API undervalued its prospects.
A number of retailers look for merger deals, but most are still circling, eyeing the merchandise.
Pharmacy network completes business review.
Merger expected to save $60 million annually by 2022 if approved.
Although API’s offer for Sigma Healthcare appears to be a good deal, the board owes it to investors to seek out other possible suitors.
Pharmacy giant proposes tie-up with rival.