Ebos shares hit record, ASX-listed Sigma plunges as Chemist Warehouse contract changes hands

Mon, 02 Jul 2018

By Sophie Boot and Paul McBeth July 2 (BusinessDesk) - Ebos Group rose as much as 8.6 percent, touching a record, after the Kiwi pharmaceutical and animal health products maker poached a distribution deal with Australia's Chemist Warehouse which could bring in A$1 billion of revenue in the first year. The shares rose as high as $19.50, and were recently up 7.2 percent to $19.25, valuing the company at $2.94 billion. In contrast, ASX-listed Sigma Healthcare, which lost the contract, sank 41 percent to 47.5 Australian cents, valuing that fi...

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