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The Walgwens Director of the Walgwensi has moved to ensuring the Goarts staff by following the $ 23.7bn agreement to take chin.
Ornella Barra, Overseas Walgreens'Internal US business, including the IK-pin boots, to write staff on Friday calling for the Synis Function', but it is important to change today “.
E-mail, viewed in financial times, comes a day after Sycamore has agreed to pay $ 11.45 share to take walgreens privately, appreciating its stock is almost 30 premium before the text is described at the beginning of $ 10BN.
The transaction will determine the three-way method separated, providing sygamore transition to separate Walgreens, boots and a unique unique unique business. That may avoid the way to renew the boot of boots after the previous acts failed in recent years.
Each section is set to have various structures, organizing the division, financial times before.
Barra, who is your business partner and Stephen Pesna, the governing seat of Italy, said to “support the steps we take, and we 'support the agreement in the” boots agreement.
“I'm sure this transaction will benefit all of our enterprises,” said, to add that boots will remain focused on strengthening its position as the main efforts of the main work.
Chain based on the Nottingham, which started life in 1849, had more than 1,800 stores in the UK. Although it gives a fraction of a wide group income, its recent performance has been standing against her American peers. Total sells Reece Rose 8.1 Percentage Annual year in a recent quarter, compared to 4.6 percent of the Walgreens.
Sycamore and Pessina, which is an 17 per cent and will always be an important shareholder, expected to work together in group plans, familiar with this matter.
Barra told employees that compensation and benefits remain.
The Nick Bubb, the UK independent renewal area, said: