THE WHAT? A consortium of TDR Capital and the Issa brothers is considering quitting the race to acquire WBA’s Boots chain after failing to reach an agreement on price, according to a report published by Bloomberg quoting sources familiar with the matter.
THE DETAILS Walgreens Boots Alliance is seeking a valuation of £7 billion for the UK pharmacy chain but those in the running have the price pegged at closer to £5 billion, Bloomberg said. Other parties in the running include a consortium of Reliance and Apollo, who are said to be yet to submit a second-round bid. Sycamore Partners has also been linked to the auction.
THE WHY? With credit markets fragile and consumer confidence shaky, WBA is struggling to strike a deal for the high-street stalwart. The TDR-Issa pairing is presumably hoping to take advantage of the situation to secure a bargain.
Aesthetic products generally refer to a broad category of items designed to enhance or improve one's appearance, often focusing on skincare, beauty, and personal grooming. These products are typically used to maintain or enhance physical attractiveness and may include a wide range of items intended for both professional and personal use. Here are some common types of aesthetic products:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments designed to address various skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows used to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Fragrances: Perfumes and colognes used to enhance personal scent and attractiveness.
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Dental Care Products: Toothpaste, mouthwash, whitening treatments, and dental floss aimed at maintaining oral hygiene and enhancing smile aesthetics.
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Personal Grooming Tools: Including razors, electric shavers, trimmers, and grooming kits used for hair removal and personal hygiene.
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Beauty Devices: Devices such as facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
