The Guardian Australia – Business
·business
·2 hours ago
Australia’s Sigma drops out of talks to buy UK’s Boots
Australia's Sigma Healthcare has exited negotiations to acquire UK retailer Boots, ending discussions over a potential $10 billion deal. Sigma stated the acquisition did not align with its investment goals, extending uncertainty for the 177-year-old chain. Shares in Sigma rose 6% as investors preferred management to focus on existing growth opportunities.
Summary by OZbrief · The Guardian Australia – Business
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