Sunday, November 24, 2024

Parent company considering sale of Boots

General News
Updated:
Boots

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.

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