City Of London

Boots Suitors Get More Time to Bid for £7 Billion Pharmacy Chain

Walgreens gives a few extra days for bidders to firm up offers
Deal seen as litmus test for debt-fueled M&A in Britain

A Boots pharmacists, operated by Walgreens Boots Alliance, in London. — A Boots pharmacists, operated by Walgreens Boots Alliance, in London.
Photographer: Simon Dawson/Bloomberg

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By Baiju Kalesh, Dinesh Nair, and Ruth David

May 13, 2022 at 2:55 PM UTC

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Walgreens Boots Alliance Inc. is giving bidders more time to lodge final offers for its international drugstore arm, people with knowledge of the matter said.