The Telegraph reports that Alliance Boots could make a bid for Healthcare at Home which delivers medicine to people's homes.
According to the paper, an offer would be between £150m - £200m and would be made by the 15th of November. The current owners of Healthcare at Home, Hutton Collins originally bought the firm for £260m back in 2007.
BS
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Top global fintech companies to invest inOne British fintech hogs the headlines, but there are two top performers in the US. We explain where you should put your money
-
Japan’s new PM Shigeru Ishiba calls snap election – why now?The new leader, Shigeru Ishiba, has called a snap election seeking a new mandate just three days into his post. What does this mean for the country's economy?
