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Walgreens Boots Alliance (WBA), the owner of Boots, has agreed to a $10bn (£7.8bn) takeover by a US private equity firm.
Walgreens Boots Alliance said private equity firm Sycamore Partners plans to pay its investors $11.45 (£8.86) per share.
It's unclear what the deal will mean for the 1,800 Boots shops but it could trigger an auction of the business.