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Walgreens Boots Alliance

  • Boots moves closer to London float but billionaire Westons circle

    Retail

    With one potential suitor out of the running, high street titan Boots is moving closer to a London float, a move that would mark a return to the FTSE 100 for one of the UK’s biggest retailers and deliver a major boost to UK capital markets. The 177-year-old British pharmacy saw the withdrawal of Sigma [...]

    A pair of stylish and durable boots showcased on a wooden floor, highlighting their craftsmanship and premium leather qual...
  • Boots eyes £7.5bn sale in blow to hopes of London IPO

    Retail

    The owners of Boots are weighing up a £7.5bn sale which would dash hopes of a London listing and deal another blow to the UK’s stock exchange. Sycamore Partners, the private equity firm which bought Boots’ parent company for $23.7bn last year, has been in talks with a number of suitors since before Easter. The [...]

    Boots remains one of the group’s best performing business lines, with a London float suggested as recently as last year. (Photo by Oli Scarff/Getty Images)
  • Boots shapes up for potential London IPO 

    Retail

    The owners of Boots have hired advisors to get the high street chemist into shape ahead of a potential London floating which could come as soon as next year. Sycamore Partners, the private equity firm which owns Boots, have been in talks with advisers in recent weeks on the possibility of floating in the capital. [...]

    Boots remains one of the group’s best performing business lines, with a London float suggested as recently as last year. (Photo by Oli Scarff/Getty Images)
  • Boots: Profit jumps after closing hundreds of stores

    June 5, 2025

    Profit at Boots has surged as the high street pharmacy chain closed hundreds of stores during its latest financial year as its owners abandoned plans for an initial public offering (IPO). The Nottingham-headquartered business shuttered 334 locations in the year to the end of August 2024, new accounts filed with Companies House have revealed. Instead [...]

  • Boots to be taken over by US private equity firm in $10bn deal

    March 7, 2025

    Walgreens Boots Alliance (WBA), the owner of Boots, has agreed to a $10bn (£7.8bn) takeover by a US private equity firm.  Sycamore Partners is expected to complete the takeover by the end of the year. The US-listed WBA said of the deal: “[Sycamore’s] experience in retail and consumer services would ensure WBA was better positioned [...]

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