Indian billionaire Mukesh Ambani has announced his interest in buying UK high-street pharmacy chain Boots.
Reliance Industries chairman and Asia's second richest man says he is
willing to pay roughly £10 Billion ($7.8 Billion) for Boots to aid
in his goals to expand into the retail market.
is no stranger to acquiring British assets.
2019 his company bought toy store chain Hamley's, and in 2021 his
company won a bid on the historic Stoke Park Country Club for roughly
£60 Million ($69 Million).
US based Walgreens, which owns Boots, is set to negotiate a price
with Reliance, though former Walmart owned supermarket empire ASDA has also thrown their hat in the ring, offering what they
called: “A bigger bid than what Ambani and the guys at Reliance are