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Boots Workers Worry About Sycamore Cost Cuts

Employees at Boots are fearful of what Sycamore Partners’ takeover of Walgreens Boots Alliance means for the future of the UK-based chemist, The Guardian reports.
Walgreens Boots Alliance Inc. has begun a strategic review of its Boots drugstore business, chief executive officer Rosalind Brewer said.
The US private equity firm Sycamore Partners is close to finalising a $10 billion deal to take over the listed US owner of Boots. (Shutterstock)

“We’ve had several rounds of cost-cutting and it could happen again,” says a

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