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The Independent UK
The Independent UK
Business
Howard Mustoe

Boots owner Walgreens in talks over sale to private equity, casting doubt over chemist’s future

Retail chain is a strong performer among Walgreens’ portfolio - (PA)

Walgreens, the US-based owner of Boots, is in talks to sell itself to a private equity company, casting uncertainty over the future of the venerable high street chain.

Walgreens could be bought out by Sycamore Partners, a US firm which owns the stationary brand Staples, according to The Wall Street Journal.

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