WBA - Revived Talks On UK Boots Separation: Walgreens Reportedly Mulls Exit Strategy Amidst IPO Consideration | Benzinga
Walgreens Boots Alliance Inc (NASDAQ: WBA) is reportedly reconsidering plans to part ways with its U.K. drugstore chain, Boots, as discussions around a potential sale or separation resurface, which was previously scrapped approximately 18 months ago.
Walgreens is contemplating strategies to disentangle itself from Boots, with a potential valuation estimated at £7 billion for the chain. Among the possibilities being explored, an initial public offering in London is considered one viable option, Bloomberg reported, citing sources close to the ...