Boots: An Eye On the Big Chance Background: An Ailing Boots Announced a Gbp7bn Merger with Rival Alliance Unichem. But Is This the Kind of Medicine It Needs to Get It Back On Its Feet?
Sunday Herald › October 11, 2005
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Summary
ALL eyes were on the leaders of the Boots and Alliance UniChem businesses last week. And it was all smiles from the three men under the glare of the media and City spotlight.
Richard Baker, Sir Nigel Rudd and Stefano Pessina looked delighted with the GBP7 billion deal which they had just announced to a waiting world.See the full content of this document
Extract
Boots: An Eye On the Big Chance Background: An Ailing Boots Announced a Gbp7bn Merger with Rival Alliance Unichem. But Is This the Kind of Medicine It Needs to Get It Back On Its Feet?
But the smiles of the Boots chief executive, chairman and Alliance UniChem executive deputy chairman must have faded within days as the proposed deal came under more and more flak from the City and the media.
The early reaction was, at best, mixed. The share price of bo...See the full content of this document
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