By Leanne Carr2019-11-06T07:06:00
Boots owner Walgreens Boots Alliance is considering taking the US pharmacy chain private following interest from investors.
The health and beauty retailer, which has a market worth of over $55bn, has been in preliminary talks with private equity firms over recent months discussing what would be one of the biggest ever leveraged buyouts, according to Reuters.
Walgreens has brought in investment bank Evercore Partners to investigate whether the deal can be done. However, sources close to the situation told Reuters that a deal is far from certain.
Please sign in now if you have a subscription
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.