Bidders for Walgreens-owned U.K. pharmacy and drugstore giant Boots are preparing to take their bids further as they square up in a $9.3 billion battle for the high street group. And current front-runners include the billionaire Issa brothers, owners of supermarket chain Asda – a deal which they closed out from Walmart last year – and EG Group, who are looking to add the chain of 2,200 stores to their rapidly growing retail empire. The eventual winner will likely reshape the pharmacy and drugstore markets in both the U.S. and U.K.
Read the full article: Walgreens Pushes Ahead with Sale as Asda Owner among Boots Bidders //
Source: https://www.forbes.com/sites/markfaithfull/2022/03/22/walgreens-pushes-ahead-with-sale-as-asda-owner-among-boots-bidders/?sh=2a9b48551b5b