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The UK pharmacy chain’s auction could be “at risk of falling apart” as prospective buyers struggle to finance their billion-pound bids, according to a report in The Sunday Times.
Factors including the war in Ukraine, and rising inflation and interest rates “have combined to push up borrowing costs” for rumoured bidders like Asda’s Issa brothers and made banks reluctant to back offers, the newspaper claimed.
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Margaret Billings sustained fatal injuries when she was caught between a moving boat and a riverbank during a day out “with family and friends”, an inquest has found.
C+D rounds up some of the immediate pharmacy reaction to news that NHS England will be abolished, with more control moving back to the government and local leaders…
Wes Streeting has revealed that the DH is “immediately” working to scrap NHS England (NHSE) and put a new “transformation team” in place – adding that it is in the “very final stages” of concluding a new pharmacy contract deal.
Walgreens Boots Alliance (WBA) has “entered into a definitive agreement to be acquired” by private equity firm Sycamore Partners.
Jhoots Chemist’s accounts for 2024 have revealed an almost £2 million year-on-year dip in shareholder funds – as debts to creditors increase more than £2m.
