Private equity circles as Walgreens puts Boots on sale at £7bn

The American owners of Boots are seeking up to £7 billion for the pharmacy chain as Asda’s financial backers join a raft of private equity firms readying bids. Walgreens is understood to be keen to offload the entire Boots business, with its operations in the UK, Ireland and Thailand, as well as the No7 beauty... Continue Reading →

M&S expected to announce strongest Christmas in years

Shareholders hope for positive news when the Christmas trading update is announced on Thursday 13 January Marks & Spencer is expected to reveal its strongest Christmas in years later this week, following a succession of positive trading results over recent months. The high street giant has seen its fortunes turn around over the last 12 months, despite... Continue Reading →

Private-equity firm interested in Walgreens’ U.K. drugstore chain

U.S. private-equity firm Bain Capital approached Walgreens Boots Alliance about buying its U.K. drugstore chain Boots (Bloomberg) — U.S. private equity firm Bain Capital recently approached Walgreens Boots Alliance Inc. about a potential purchase of its U.K. drugstore chain Boots, the Times of London reported, without saying where it got the information.  Bain is positioning itself as... Continue Reading →

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