Saturday, March 10, 2007
$18.8 Billion Offer for UK Drug Store Alliance Boots from KKR, Pessina
KKR, Pessina Offer $18.8 Billion for Alliance Boots
By Neil Craven
March 9, 2007, Bloomberg
Kohlberg Kravis Roberts & Co. and Italian billionaire Stefano Pessina offered 9.7 billion pounds ($18.8 billion) for Alliance Boots Plc, the largest U.K. drugstore chain, in what would be Europe's biggest buyout.
Alliance Boots was formed last year in a merger that combined 2,600 U.K. stores and a wholesale drug supplier to more than 125,000 pharmacies and hospitals.
See the full news report here @ Bloomberg
By Neil Craven
March 9, 2007, Bloomberg
Kohlberg Kravis Roberts & Co. and Italian billionaire Stefano Pessina offered 9.7 billion pounds ($18.8 billion) for Alliance Boots Plc, the largest U.K. drugstore chain, in what would be Europe's biggest buyout.
Alliance Boots was formed last year in a merger that combined 2,600 U.K. stores and a wholesale drug supplier to more than 125,000 pharmacies and hospitals.
See the full news report here @ Bloomberg
Labels: 10-25-billion, 2007-europe, 2007-healthcare, 2007-mar-europe, 2007-pharma, 2007-retail, 2007-uk, europe, healthcare-europe, healthcare-uk, pharma, retail, retail-uk
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