Walgreens Boots Alliance sold to private equity firm Sycamore Partners
It's unclear what the deal will mean for the 1,800 Boots shops but it could trigger an auction of the business.
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Retail News brief: Boots opens flagship store in Oxford Street
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US owners of Boots to be taken over by private equity firm
Walgreens Boots Alliance is to be acquired by Sycamore Partners as it looks to turn itself around after years of losing money.