Boots CEO mulls private equity buyout

There’s talk this week that the CEO of Boots owner Walgreen Boots Alliance could be planning to take the company private in what could potentially be the biggest leveraged buyout in history.

In the UK, Boots retains its status as the top health and beauty retailer and also has a very strong online operation. But its market share is being eroded by a hugely competitive environment and the company is cutting back its bloated store estate with plans to shut a  large number of shops.

The giant operation has a market value of around £49bn and private equity firm KKR is being suggested as a potential buyer.

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