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Birmingham Post
Birmingham Post
Business
Jon Robinson

Billionaire Issa brothers 'weighing up' £10bn Asda takeover of Boots

The billionaire brothers behind Asda and EG Group are considering a takeover of Boots worth up to £10bn, according to reports.

Mohsin and Zuber Issa are understood to have discussed a potential move for the Beeston-headquartered company at a senior level, and would see the pairs inherit more than 2,000 pharmacies.

The historic chain is currently owned by US giant Wallgreens Boots Alliance which last week said it was conducting a 'strategic review' of Boots, but were yet to decide on its future.

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