Australian Billionaires’ Sigma Healthcare Walks Away From U.K’s. Boots $10 Billion Deal
Sigma Healthcare—which counts Australian billionaire brothers Jack and Sam Gance and their business partner Mario Verrochi as its biggest shareholders—has withdrawn its interest to buy U.K. health and beauty retailer The Boots Group.
“Sigma engaged in the Boots sale process given the potentially unique opportunity it presented to accelerate its UK expansion through the market-leading Boots brand and large footprint,” the Melbourne-based company........
