SHARE

Issa Brothers and TDR mull dropping out of Boots takeover bid

The Issa brothers, alongside private equity firm TDR Capital, are reportedly considering dropping out of the bidding for Walgreens Boots Alliance’s retail giant Boots. The consortium could exit the race due to price disagreements.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.