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Sigma Healthcare confirmed it is in talks to buy UK drugstore chain Boots in a deal worth up to $10 billion. Sycamore Partners, which took control of Boots in 2025, started sale talks with potential strategic buyers before Easter. A sale would scrap plans for a Boots IPO in London.
Boots is in discussions regarding a $10 billion sale as its owners seek to abandon an initial public offering plan. The potential transaction would change the pharmacy chain's ownership structure. Talks are ongoing with interested parties.
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