THE RETAIL BULLETIN - The home of retail news
20 years serving the retail industry
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
Retail HR 2022
THE Retail Conference 2022
Retail Women In Leadership 2022
Digital Transformation Strategy 2022 Part 2
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Boots suitors get more time to bid for £7 billion chain

Walgreens Boots Alliance is giving bidders more time to lodge final offers for Boots after the three remaining suitors requested more information on recent trading. Boots’… View Article

HEALTH & BEAUTY

Boots suitors get more time to bid for £7 billion chain

Walgreens Boots Alliance is giving bidders more time to lodge final offers for Boots after the three remaining suitors requested more information on recent trading.

Boots’ US owners had initially requested binding offers by May 16 but is now expected to receive proposals later in the week.

Walgreens has been seeking £7 billion for the retailer, which includes more than 2,200 UK stores as well as operations in a host of other countries and private-label brands like No7.

Suitors expected to make final proposals include Asda owners, the billionaire Issa brothers, who have teamed up with private equity group TDR Capital in the bidding, Indian billionaire Mukesh Ambani’s Reliance Industries, which is working with private equity firm Apollo, and Sycamore.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

THE NEXT EVENT

See all upcoming events

LATEST VIDEO

Future of Customer Engagement 15 June 2022
Future of Customer Engagement 15 June 2022

Watch video >