Health & Beauty
Boots owner Walgreens nears $10bn takeover deal
If Sycamore completes a deal for the whole company, it is expected to maintain the core US retail business and sell off or take public other parts of the company
Walgreens Boots Alliance, the owner of Boots, is reportedly nearing a deal with private-equity firm Sycamore Partners that would take the struggling drugstore chain off the public market for around $10bn (£7.8bn).According to the Wall Street Journal, sources familiar with the matter said both sides were aiming to complete a deal as soon as Thursday (6 March).
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