Two of the world’s biggest buyout firms, Bain Capital and CVC Capital Partners, are understood to be lining up a multi-billion-dollar takeover of Boots, the U.K.’s largest drugstore chain. Currently part of the U.S./U.K. mega-group Walgreens Boots Alliance (WBA), an auction of Boots appears increasingly likely this spring, which would represent one of the biggest U.K. retail deals for years. The American owner of Boots received a takeover approach from Bain Capital more than two months ago, prompting consideration of a sale of the U.K. high street chain, according to The Times.
Read the full article: Private Equity Ready to Swoop as Walgreens Mulls Sale of Boots //
Source: https://www.forbes.com/sites/markfaithfull/2022/01/11/private-equity-ready-to-swoop-as-walgreens-mulls-sale-of-boots/?sh=593a3c92374c