Becker's Healthcare June 7, 2024
Walgreens Boots Alliance is exploring all options for Boots, including a potential spinoff, Bloomberg reported June 7.
According to Bloomberg, sources familiar with the matter stated that Walgreens is reconsidering its plans for an initial public offering of Boots. Instead, the company is evaluating whether it wants to retain ownership of the chain at all.
“In recent weeks, Walgreens has continued its informal talks with potential buyers of the business including private equity firms, some of the people said,” Bloomberg reported, noting Boots could be valued at around...
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