Australia's Sigma Healthcare soars on shelving Boots acquisition talks
BUZZ-Australia's Sigma Healthcare soars on shelving Boots acquisition talks ** Shares of Sigma Healthcare SIG.AX rise as much as 8% to A$2.85, set to mark its steepest intraday rise since August 27, if the trend holds
** The pharmaceutical wholesaler and retailer walks away from preliminary talks to buy British pharmacy chain Boots
** Cites a potential deal that would not meet its strategic and capital investment objectives
** Down ~3% YTD, including the session's moves
(Reporting by Anjali Singh in Bengaluru)
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Boots’ suitors will require fixer upper discount