Sigma Healthcare walks away from £7bn Boots takeover
Culture Index
Score Breakdown
Relevance
9/25
Freshness
25/25
Authority
18/20
Brand Signal
6/15
Depth
8/15
5-Axis Cultural Radar
Sigma Healthcare has abandoned its pursuit of Boots, ending talks over a potential takeover that could have valued the UK pharmacy chain at around $10bn (£7bn). The Australian pharmaceutical wholesaler and retailer said on Monday that acquiring Boots would ‘not meet its strategic and capital investment objectives’. It comes days after the Financial Times reported...
