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Evening Standard

National

Henry Saker-Clark

Australia’s Sigma confirms talks over Boots takeover

Boots ”Weston United States Sycamore Sycamore Partners

Boots has held early talks over a potential sale (James Manning/PA) - (PA Wire)

Pharmacy and beauty chain Boots is in talks with an Australian rival and the billionaire Weston family over a potential £7.5 billion sale.

Australian pharmacy group Sigma Healthcare confirmed on Wednesday that it has held “preliminary discussions” over a takeover.

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