Wellness booms and so does the share price of pharmaceutical retailers
Inside Retail
DECEMBER 17, 2023
A joint £5 billion bid from Reliance Industries and Apollo Global Management was rejected, with other interest from Asda, brothers Mohsin and Zuber Issa, CVC and Bain Capital. The business is reportedly valued at £7 billion and its parent company Walgreens was looking for up to £10 billion, to allegedly focus on its US-based businesses.
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