Alliance Boots auction
Published April 23rd, 2007
The auction for Alliance Boots could have further to run. Terra Firma believes it will be able to submit a firm £10.9bn ($21.8bn) offer but will then face a higher counterbid from Kohlberg Kravis Roberts, its rival private equity s
Competing bids from a consortium of KKR and Stefano Pessina, executive deputy chairman of Alliance Boots, and a rival team of Terra Firma, the Wellcome Trust and HBOS ignited an auction on Friday.
Related Articles
