Boots IPO Would Give a Needed Boost to London’s Ailing Bourse

 

• UK pharmacy could be valued at £7 billion, Bloomberg reports
• London listing volume slumps to lowest in more than a decade

The potential return of UK drugstore chain Boots to the London stock exchange could be the market’s biggest initial public offering in years.

Walgreens Boots Alliance Inc., has been holding early talks about ways to separate Boots, which could be valued at about £7 billion ($8.8 billion), Bloomberg News reported. It’s studying a London initial public offering as one possibility, people with knowledge of the matter said.

https://www.bloomberg.com/news/articles/2023-12-13/a-boots-ipo-would-give-a-needed-boost-to-london-s-ailing-bourse