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Australian Billionaires’ Sigma Healthcare Walks Away From U.K’s. Boots $10 Billion Deal
Sigma Healthcare has been seeking to expand in the U.K. and had last month partnered with British pharmacy chain Greenlight Healthcare to rollout Chemist Warehouse-branded stores in London.
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afr.com
Deal off! Investors hold up red card for Sigma’s mega UK M&A bet
The prospect of a monster equity raising – which would have been necessary to fund such a purchase – also had shareholders calling time.
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forbes.com
Australia’s Sigma Walks Away From $10 Billion Boots Acquisition
Boots has been under mutliple ownerships including by Walgreen but the next owner will not be Australia's Sigma after it pulled out of talks.
