Boots owner to be taken private under $10bn deal
Source: BBC
The US owner of high street chemist Boots says it will be taken private in a $10bn (£7.8bn) deal.The move brings to an end nearly a century of trading on public markets for the Walgreens Boots Alliance.It has seen its debt grow as cost-conscious customers chose to shop online and opted for cheaper products.Around 300 stores of the pharmacy chain were recently closed across the UK as it shakes up the…
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