Walgreens (WBA) had hoped to raise as much as £7 billion from the Boots sale, but the offers were thought to be closer to £5.5 billion, according to the Times report last month.

Back in March, Walgreens had recorded a quarterly net loss of $5.9 billion, due to the sale of VillageMD ... with gummy vitamins, pain relief patches, Igloo coolers, and goggles being marked ...