💨 Abstract

Boots, a British high street staple since 1849, may be sold to private equity firm Sycamore Partners for £8 billion, following 300 store closures. Walgreens Boots Alliance, the current owners, are facing financial difficulties. The sale could lead to a stock market listing for Boots, according to retail analysts. Poundland's owner is also considering a possible sale due to tough sales and increasing costs.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖