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PE firms are closing in on Boots — the deal could be among the UK’s biggest this year

Bain Capital and CVC Capital Partners have teamed up to plot a bid, while TDR Capital, Advent, Apollo, Clayton Dubilier & Rice and KKR are all also said to be weighing up offers

Private equity has fired the starting gun on what is likely to be one of the UK’s biggest corporate takeovers of the year.

Boots, the UK high street chain of chemists, is set to be put up for sale by its US parent owner Walgreen in the coming months, and a flurry of the world’s biggest buyout shops are now waiting in the wings.

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