The owner of Boots has been sold for almost £8billion - reviving hopes that the pharmacy chain could be floated in London.
Walgreens Boots Alliance sold Boots to Sycamore Partners for almost £8 billion, raising hopes for a London stock market listing. Pressure is on to persuade Sycamore to list Boots in London, but concerns exist that Sycamore will sell to another private equity group. Several firms, including TDR, Apollo, and Reliance Industries, may be interested in buying Boots, which has recently experienced strong sales.
