
UK - New entrant to begin battle for Boots?
Market sources suggest that German firm Celesio, a continental rival to the Alliance Boots pharmaceutical chain, has approached other buyout groups about the possibility of teaming up to launch a competing takeover bid for the listed UK retailer. Boots opened up its books to KKR on Friday following its £10bn offer after an earlier deal was rejected. Permira, CVC, Blackstone and Texas Pacific Group are amongst the names thought to be eyeing a rival bid for Boots with Celesio.
Latest News
Main Capital exits Onventis in SBO to Keensight
Exit from Main Fund V comes three years after the GP acquired the Germany-based procurement technology company
The Bolt-Ons Digest – 26 January 2023
Unquote’s selection of the latest add-ons, with ICG's Circet, Five Arrows' Mintec, Carlyle's Jagex, and more
Travers Smith names new head of PE and financial sponsors group
Lucie Cawood's appointment follows poaching of Ian Shawyer by Cleary Gottlieb earlier this month
German health minister’s 'locust sponsors' comments spook live healthcare deals
New entrants scared by remarks on limiting profits; existing investors expected to rush to complete bolt-ons