Wednesday, July 18, 2007

Alliance Boots Planning £1 Billion Sale Leaseback of UK Property Portfolioo

Business Sale Report - July 16, 2007

Alliance Boots' property assets are set to be sold by Kohlberg Kravis Roberts, and are thought likely to fetch around £1bn. According to reports, the move for a proposed 'refinancing' could indicate that KKR and Pessina are looking to sell and lease back Boots property to help finance the acquisition of the chemist chain. Sphere: Related Content

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