What does the Chemist Warehouse merger with Sigma Healthcare mean for the pharmacy giant?

News Snapshot:

After months of speculation and years of offers that have fallen flat, the discount pharmaceutical juggernaut that is Chemist Warehouse has struck a deal with Sigma Healthcare to create the biggest pharmacy company in Australia. From its humble beginnings in Melbourne in 1972 before rebranding to Chemist Warehouse in 2000, the pharmacy franchise has gone from strength to strength, opening hundreds of stores around the country while remaining a private company worth billions of dollars. Its founders have been subjected to various offers for the company over the years but have now struck a deal that will not only take...