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Market Chatter: Walgreens Shelves Boots IPO Plans, Explores Other Options
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Market Chatter: Walgreens Shelves Boots IPO Plans, Explores Other Options
Jun 7, 2024 10:37 AM

01:25 PM EDT, 06/07/2024 (MT Newswires) -- Walgreens Boots Alliance ( WBA ) has put on hold plans to launch an initial public offering of Boots while it weighs its ownership of the UK drugstore chain, Bloomberg reported Friday, citing people with knowledge of the matter.

The company is currently assessing other options for Boots, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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