Fill your Boots: British institution in the sights of another American investment company

FOUNDED in 1849 as a single chemist shop in Nottingham, Boots grew into the largest pharmacist in the UK with more than 2,000 stores and has changed hands on a number of occasions.

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.

Thank you for taking the time to read this article, do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.

FacebookTwitterRedditWhatsAppTelegramLinkedInEmailCopy Link
Go Back
Written by

Laura Kemp

Originally from UK, Laura is based in Axarquia and is a writer for the Euro Weekly News covering news and features. Got a news story you want to share? Then get in touch at [email protected]


    Leave a comment

    Your email address will not be published. Required fields are marked *