Australia’s Sigma says it is in talks regarding a possible takeover of UK retailer Boots, according to reports cited by multiple outlets. The company’s confirmation comes after media coverage suggested the Weston family is also holding discussions about a potential deal for Boots, with one reported figure placing the possible transaction value at around £7.5 billion.
The reporting indicates that Sigma’s discussions are at a preliminary stage and are separate from, but occurring alongside, the parallel talks attributed to the Weston family. None of the cited summaries provide details on the structure of any offer, timing, or whether either party has submitted a binding bid.
Overall, the accounts focus on the fact that Sigma has confirmed it is talking about Boots, and that the prospect of a deal is accompanied by reports of another group exploring a potential £7.5 billion acquisition involving the Weston family.
