Skip to content
The Nexus
BUSINESSJun 15 · 06:52 UTCTHE GUARDIAN WORLDReuters

Australia’s Sigma drops out of talks to buy UK’s Boots

Australia’s Sigma Healthcare has abandoned a $10bn takeover of the UK retail chain Boots, citing strategic and capital investment objectives as the reason. The deal, which would have acquired a business with 1,800 UK stores, ends ongoing discussions and extends uncertainty for the 177-year-old British chain.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
Sigma HealthcareorganizationBootsorganizationAustraliaplaceUnited Kingdomplacepharmaceutical industrytopic
Spot something wrong with this article?Report a problem →
Forward this
Related Signal

Adjacent reporting