This is simply for interest. So many of us get medicines from Boots, any change could be important.
Reliance Industries and Apollo Global Management in £5bn bid for Boots
Mukesh Ambani teams up with US private equity fund, with Walgreens expected to retain minority stake
Indian billionaire Mukesh Ambani’s Reliance Industries has teamed up with US private equity fund Apollo Global Management to make a £5bn bid for the UK’s Boots chain.
The pharmacy and beauty retailer’s current owner, US group Walgreens, which has controlled Boots since 2012, is expected to keep a minority stake under the deal.
Walgreens’ ongoing interest comes after concerns about the funding of Boots’ pension fund for which the US group is understood to underwrite guarantees worth billions of pounds.
A buyout led by Reliance Industries is expected to lead to expansion in Asia according to Bloomberg, which first reported the bid.
As I have said innumerable times, Synthroid is just a particular brand (formulation) of levothyroxine. With the various positives and negatives that each brand has.
Already American owned - sad this family firm has been long gone? Walgreens had 45% stake then bought the rest!? Since much of industry has long been sold off...
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