Allliance Boots profit drops: results reflect gain posted previous year, effects of merger

Article Abstract:

First-quarter net profit for UK pharmacy chain Alliance Boots PLC fell from 1.77 bil to 387 mil pounds sterling, largely due to a 1.47 bil pounds sterling gain that occurred last year from the sale of Boots Healthcare International. Alliance Boots has agreed to an 11.02 bil pounds sterling bid from a private equity company and the firm's deputy chairman.

Sales, profits & dividends, Company sales and earnings, Company earnings/profit, Financial report

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Emap sells its French magazine unit

Article Abstract:

Emap PLC of the United Kingdom has divested its French consumer-magazine assets to Arnoldo Mondadori Editore S.p.A. of Italy for 550 million Euros ($692 million). The largest consumer-magazine publishing house in the United Kingdom is planning to return 285 million Pounds ($525 million) to shareholders.

Italy, Periodicals, Periodical publishing, EMAP PLC, Arnoldo Mondadori Editore S.p.A.

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Alliance Boots bidding war ends: Terra Firma-led consortium pulls out; Alliance Boots to recommend new KKR bid

Article Abstract:

Terra Firma Investments Ltd. has dropped its $22.54-per-share bid for UK pharmacy chain Alliance Boots PLC after Kohlberg Kravis Roberts and Co. presented a revised cash offer of 11.02 bil pounds sterling. Terra Firma's offer had valued Alliance Boots at 10.89 bil pounds sterling.

Strategy & planning, Venture Capital Companies, Miscellaneous Intermediation, Investors, not elsewhere classified, Planning, Company business planning, Terra Firma Capital Partners

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