Australia Sigma plans acquisition, fund raising

Published: 06 Sep 2009 17:29:21 PST

SYDNEY, Sept 7 - Australian drug maker and distributor Sigma Pharmaceuticals Ltd plans to make an announcement regarding an acquisition and a potential capital raising, the company said in a statement on Monday.

Sigma halted trading in its shares ahead of the announcement. Sigma shares last traded at A$1.22, giving the company a market value of A$1.1 billion ($940 million). ($1=A$1.17) (Reporting by Denny Thomas;) ((denny.thomas@reuters.com; +61 2 9373 1812; Reuters Messaging: denny.thomas.reuters.com@reuters.net)) (