Sigma Healthcare (ASX:SIG) confirmed that an agreement was reached with Chemist Warehouse to extend the end date under their merger implementation agreement to March 31, 2025, after the Australian Competition and Consumer Commission decided not to oppose the transaction, according to a Wednesday filing with the Australian bourse.
The company said the documentation shareholders require to vote on resolutions related to the merger is expected to be released this year, with implementation set to occur in February 2025, the filing said.
The outstanding conditions for the transaction include shareholder and court approvals, according to the filing.
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