Boots’ parent company is reportedly considering a sale of the Nottingham-based business, which would see it valued at over £5bn.
According to Sky News, Walgreens Boots Alliance (WBA) is lining up Goldman Sachs to advise it on a review of options that could see new owners for the retailer.
Sky News further noted that the process would be exploratory, and may not lead to an ownership change, with a floatation being considered also.
A pharmacy-led health and beauty chain, Boots has over 2,000 stores and a team of over 50,000 colleagues.