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: Profit jumps after closing hundreds of stores Retail 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 Retail 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 [...]