Reliance explores the bid for the Walgreens retailer boots business.  

The Indian reliance industry is exploring offers for retailers of Walgreens Boots Boots Boots Boots Boots Alliance, Bloomberg News reports on Wednesday, quoting people who are familiar with this problem.

Boots are being sold as part of the auction process led by Goldman Sachs and can be valued up to 8 billion pounds ($ 10.49 billion), Reuters reported in February, citing sources.

Boots Business Spans at 2,200 stores in the UK, including pharmacies, health and beauty stores, according to the chain website.

Ingoing consideration and no dependence on certainty that actually bid boots, Bloomberg quotes people who ask not to be identified as that information is kept secret.

While spokesman for boots refused to comment on the news, reliance was not available for late night responses in India.

Walgreens based in U.S. said in January it was conducting a strategic review of the Boots business as the second largest US pharmaceutical chain updated its focus on domestic health care.

Other applicants for boots including the capital of TDR, which has a chain of Asda supermarket, a CVC capital partner consortium and Capital Bain and investment company A.S. Apollo.

harry

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