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The Times of India
The Times of India
Business
Bloomberg

Reliance studying possible bid for Walgreens’s boots chain

Boots Walgreens Reliance Mukesh Ambani Reliance Industries Walgreens Boots Alliance Inc New Delhi United Kingdom United States

NEW DELHI: Billionaire Mukesh Ambani’s Reliance Industries is weighing a possible bid for Walgreens Boots Alliance Inc’s international drugstore unit, according to people familiar with the matter.

Reliance is in the early stages of exploring the feasibility of an offer for the Boots chain, the people said, asking not to be identified discussing confidential information.

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