Battle for Australian Pharmaceutical (ASX:API) heats up as Wesfarmers (ASX:WES) nabs 19% stake
Lachlan Buur-Jensen
October 7, 2021
The battle for Australian Pharmaceutical (ASX: API) is heating up
Wesfarmers Ltd (ASX:WES) is a 100-year-old conglomerate which at various times has owned and operated some of Australia’s largest retail brands such as Kmart, Target and more. Today, its largest business is Bunnings Warehouse, the number-one DIY home improvement business.
The battle for Australian Pharmaceutical (ASX: API) is heating up
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