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Monday, May 13, 2024

Walgreens Contacts Potential Buyers for £7 Billion Boots Drugstore Chain

 

Walgreens Boots Alliance Inc. is reaching out to potential buyers of the £7 billion ($8.8 billion) Boots drugstore chain in the UK, according to people familiar with the matter.

The Deerfield, Illinois-based company is working with advisers to hold early-stage discussions with would-be bidders, said the people, who asked not to be identified because the matter is confidential. No formal sale process has begun, they said.

https://www.bloomberg.com/news/articles/2024-05-13/walgreens-said-to-contact-potential-buyers-for-drug-chain-boots

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