Categories: Stocks / ETFs

Boots chief quits after Walgreens’ sale plan stalls By Reuters


(Reuters) -The boss of British health and beauty retailer Boots is quitting after U.S. owner Walgreens Boots Alliance (NASDAQ:)’s plans for a sale or stock market listing of the chain stalled, according to a person with knowledge of the situation.

The person said on Saturday that James, who has run Boots since 2018, will remain in post until November before taking up a new role elsewhere.

Sky News first reported James’ exit.

On Thursday, Walgreens warned on its profit outlook and said it had no plans to sell Boots, having decided to continue to invest in it.

($1 = 0.7910 pounds)



Source link

admin2

Share
Published by
admin2

Recent Posts

Ontario town selected as host for Team Panama during FIFA World Cup

While two dozen teams descend on Toronto and Vancouver for matches of the 2026 FIFA…

26 minutes ago

Compute AI Chip Opportunities With This ETF

This year, it feels as though semiconductors and everything related to them are the driving…

3 hours ago

Lebanon latest: Netanyahu vows escalation against Hezbollah | Israel attacks Lebanon

NewsFeedAl Jazeera’s Obaida Hitto brings you the latest from southern Lebanon amidst increasing Israeli attacks.Published…

3 hours ago

Texas teen bit, hospitalized after reportedly trying to bring shark on boat – National

A 17-year-old was reportedly rushed to the hospital Monday afternoon after suffering serious injuries from…

3 hours ago

GSR Research Says Ethereum’s Identity Crisis Is Deepening

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is…

4 hours ago

Global announces upcoming season of ‘Big Brother’ will be last to air on network – National

Global announced Tuesday that Season 28 of Big Brother will be the last season of the…

6 hours ago