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Bain Capital Reportedly Eyeing Boots UK Takeover From Walgreens: Report

Caitlin Ferguson

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Bain Capital reportedly approached Walgreens Boots Alliance Inc (NASDAQ: WBA) months ago about taking over Boots, although Walgreens didn’t comment on the matter.

The Sunday Times said Walgreens “received a takeover approach from Bain Capital more than two months ago” and is “positioning itself as a frontrunner in a forthcoming auction for Boots after completing months of due diligence.
Per the report, Walgreens has also been looking …

Full story available on Benzinga.com

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Elite Robot raises ‘tens of millions of dollars’ in Series C funding round

Caitlin Ferguson

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Shanghai-based Elite Robot says it has raised “tens of millions of dollars” in its Series C funding round.  Founded in 2017, Elite Robot says its robots give retailers and factories more choice, control and flexibility over their productions by managing the back-end of the production. The robots present programming options, securely processing units, and mitigating […]

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