By Laura Kemp • 09 May 2022 • 15:14
Fill your Boots: British institution in the sights of another American investment company. image: Wikipedia
Currently owned by US-based Walgreen, Boots is known to be up for sale at an expected price of around £6 billion and once again, what is seen as a British institution is in the sights of another American investment company – Apollo Global Management – but there appears to be a new player circling the company.
Reports suggest that looking to possibly form an alliance with Apollo is Indian billionaire Mukesh Ambani who could, if successful, see the chain expand into Asia and the Middle East.
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Originally from UK, Laura is based in Axarquia and is a writer for the Euro Weekly News covering news and features.
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