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API spurns Wesfarmers $687m bid


Wesfarmers $687 million bid to pick up Priceline-owner Australian Pharmaceutical Industries (API) has been shot down by its board, stating it undervalues the business. The board said the bid’s timing

Wesfarmers bids $687m for Priceline’s parent


Retail conglomerate Wesfarmers has made a $687 million bid at buying up Priceline’s parent company Australian Pharmaceutical Industries – an offer which will net API’s shareholders a 21 per cent

Priceline stores found trading in fake product


Pharmacy chain Priceline has suffered reputational fallout after fake beauty products were discovered to be sold from four of the group’s Sydney outlets. The chain has instituted a recall on