Sigma Healthcare (ASX:SIG) confirmed that the proposed scheme of arrangement to acquire 100% of the issued shares in Chemist Warehouse, is now legally effective, according to a Tuesday filing with the Australian bourse.
Chemist Warehouse submitted an office copy of the orders approving the scheme from the Australian Federal Court to the Australian Securities and Investments Commission, the filing said.
The scheme is set to be implemented on Feb. 12, with Chemist Warehouse shareholders receiving the scheme consideration on the same date, according to the filing.