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Corporation
RETAIL (NON-INTERNET/MOBILE) | Pharmacies
allianceboots.com

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Stage

Merger | Merged

Total Raised

$9.15B

Valuation

$0000 

Revenue

$0000 

About Alliance Boots

Alliance Boots is an international, pharmacy-led health and beauty group delivering a range of products and services to customers. Working in close partnership with manufacturers and pharmacists, the company is committed to improving health in the local communities its serves and helping customers and patients to look and feel their best.

Alliance Boots Headquarter Location

Untermattweg 8

Bern, CH-3027,

Switzerland

Latest Alliance Boots News

Bain Capital and CVC to make joint bid for Boots - reports

Jan 12, 2022

A potential sale of Boots is estimated to fetch between £5bn and £12bn, the Guardian reported Image credit: Tony Baggett / Shutterstock Buyout giants Bain Capital and CVC Capital are preparing a joint bid for high street chemist Boots, according to news reports. Boots owner Walgreens Boots Alliance Inc (NASDAQ:WBA) (WBA) announced a strategic review of the UK business as part of its move to focus on US healthcare. A potential sale of Boots is estimated to fetch between £5bn and £12bn, the Guardian reported. Sky News reported that Bain and CVC are working on a plan that involves a substantial investment in Boots’ digital, beauty and healthcare services offerings. The bid is likely to include a key role for Dominic Murphy, a director of WBA and one of CVC’s managing partners. Murphy was an architect of the £11bn takeover of Alliance Boots by buyout firm KKR in 2007. Boots merged with drug wholesaler Alliance Unichem in 2006 and the following year, the combined group was acquired by KKR. Walgreens bought a 45% stake in Alliance Boots in 2012, completing its buyout of the business two years later. Other large private equity firms expected to consider a bid for Boots include Apollo Global Management (NYSE:APO) and Majestic Wine’s majority owner, Fortress Investment Group, which both missed out on the buyout of supermarket chain Morrisons last year. Apollo also tried and failed to buy Asda in 2020. It is also possible that Boots will be spun off into a separately listed company. Boots has over 2,000 stores and employs over 50,000 people. Quick facts: Walgreens Boots Alliance Inc Follow

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