The world’s eighth richest man is understood to be planning a takeover of the Boots pharmacy business.
Indian billionaire Mukesh Ambani is reported to have teamed up with US private equity giant Apollo Global Management to launch a bid for the Nottingham-based business.
According to the Financial Times, Mr Ambani's Reliance Industries is working with New York-based Apollo on a deal that could see the high street chemist open in India and across Asia.
