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Walgreens contacts potential buyers for Boots UK chain

According to published reports Walgreens Boots Alliance is in the process of contacting potential buyers to sell its UK-based Boots drugstore chain in a second attempt at separating the unit, Bloomberg News reported on Monday.

DEERFIELD, Ill. —  According to published reports Walgreens Boots Alliance is in the process of contacting potential buyers to sell its UK-based Boots drugstore chain in a second attempt at separating the unit, Bloomberg News reported on Monday.

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The company is working with advisers to conduct preliminary discussions with prospective bidders for the unit, worth about 7 billion pounds ($8.78 billion), the report stated, citing people familiar with the development.

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