The Boots pharmacy chain is taken over by a private owner in a $10 billion deal.
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00:00The U.S. owner of the Boots, a pharmacy chain, is being taken over by a private equity firm
00:07in a $10 billion deal. The price being paid for Walgreens Boots Alliance is a fraction
00:14of what the company was worth a decade ago, reflecting its struggles with growing debt
00:20and shoppers going online. There have been reports that the Boots chain could be sold
00:25off separately by its new owner, private equity firm Sycamore Partners.