23 Hrs
Source:
Forbes
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Australian billionaires' Sigma withdraws from Boots deal
Sigma Healthcare has withdrawn from a potential acquisition of the U.K. retailer Boots, citing that the deal no longer aligns with its strategic and financial goals. The deal, potentially valued at over $10 billion, had attracted interest from several bidders, including Sigma and the Weston family. Sigma aims to expand its presence in the U.K. through its recent merger with Chemist Warehouse, making it Australia's largest pharmacy chain.
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