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
US private equity firms consider Boots buy-out

Two of the world’s largest buyout firms Bain Capital and CVC have reportedly joined forces to launch a joint takeover bid for Boots. Bain and CVC… View Article

HEALTH & BEAUTY

US private equity firms consider Boots buy-out

Two of the world’s largest buyout firms Bain Capital and CVC have reportedly joined forces to launch a joint takeover bid for Boots.

Bain and CVC are currently being advised by banks at Lazard around a multibillion-pound acquistion for the health and beauty giant, according to Sky News.

The deal is set to involve “substantial investment” in Boots’ beauty, digital, and healthcare products according to the report.

The potential deal will involve executive Dominic Murphy, who worked on the £11 billion takeover of Alliance Boots by private equity firm KKR in 2007, according to the report.

In December, it was reported that Boots’ parent company Walgreens Boots Alliance was in discussions with Goldman Sachs about finding potential buyers for the company.

The UK retail industry has seen substantial interest from US private equity firms over the last year.

The pharmacy and health and beauty chain currently employs over 50,000 people across 2,000 UK stores.

Boots UK comparable pharmacy sales increased 8.8% in the quarter ended November due to increased footfalls.

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 >