InvestorQ : How much is Reliance bidding for Walgreen Boots of UK?
Angel dcosta made post

How much is Reliance bidding for Walgreen Boots of UK?

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Juvina Maggie answered.
4 weeks ago
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Reliance Industries and Apollo Global are jointly bidding for international drug store arm of Walgreens Boots. Walgreen had pegged its valuation at $8.8 billion but bidders are more willing to pay around $5 billion. Boots has a wide network of more than 2,200 stores across the UK.

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