Merger Puts Boot Into Supermarkets

The JournalOctober 04, 2005

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Summary


Boots and Alliance UniChem are looking to take on the might of the supermarkets after agreeing to create a pharmacy giant with 2,600 stores in the UK and pounds 13bn of sales.

The new company ( to be called Alliance Boots ( will become the largest drugs retailer and wholesaler in the UK as well as have a network across 10 other European countries.

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Extract


Merger Puts Boot Into Supermarkets

Executives said the "merger of equals" would provide a platform for the Boots brand to expand abroad and generate at least...

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