India’s Reliance Industries has appeared as another potential bidder for UK chemist Boots.
The firm joins TDR Capital, which owns supermarket chain Asda, a consortium of CVC Capital Partners and Bain Capital, and US investment firm Apollo in the race to acquire the high street retailer.
Reliance is in the early stages of exploring a bid and there is no guarantee that the company, owned by billionaire Mukesh Ambani, will confirm one going forward.
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