Sigma Healthcare's top backer cuts stake days after merger with Chemist Warehouse approved

Reuters
2024-11-11

Adds details from paragraph 3 onwards

Nov 11 (Reuters) - Australia's Sigma Healthcare's SIG.AX top shareholder HMC Capital HMC.AX has cut its stake in the company, days after the country's competition watchdog gave its nod to pharmacy chain Chemist Warehouse's backdoor listing via Sigma.

HMC Capital has trimmed its interest in Sigma Healthcare to 8.24% from 10.64%, according to an exchange filing on Monday.

Nearly a year in the making, the merger between Chemist Warehouse and Sigma would create a A$8.8 billion ($5.80 billion) entity.

Having helped in stitching up the deal, David Di Pilla's money and asset manager HMC Capital has been cashing in on the investor sentiment for the potential new enlarged entity.

HMC Capital has been making investments in data and AI-driven portfolios, with the purchase of data centre operator Global Switch Australia and the acquisition of iseek.

The firm earlier in the day said it was pressing ahead with the listing of its DigiCo Infrastructure REIT, in a deal which would overtake Guzman y Gomez GYG.AX as 2024's biggest float.

In January, HMC Capital had raised its Sigma stake to 19.07% before trimming it down over the last few months.

Sigma Healthcare and Chemist Warehouse did not immediately respond to Reuters' request for comment.

($1 = 1.5175 Australian dollars)

(Reporting by Sneha Kumar in Bengaluru; Editing by Mrigank Dhaniwala)

((Sneha.Kumar@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

no data

没有相关数据

如果下载按钮点击无跳转,请点击右上角菜单选择 “在浏览器打开”