The FT has written:
Boots is taking a leaf out of Tesco’s book by considering a move into personal banking among a range of different services as it looks to transform itself from being a shopkeeper of shampoos and medicines to a broader business.
Boots is, of course, a Swiss controlled company these days.
So Swiss banking is coming to the High Street.
I’m sure that’s just what we need right now.
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Surely you mean American (Kohlberg Kravis Roberts & Co)?
@Jock
Plus, even in the year between the merger of Alliance UniChem and Boots and the buyout battle between KKR and TerraFirma, the Boots Alliance Plc management HQ was still Nottingham, and Alliance was previously Italian before its earlier merger with UniChem to produce a British listed and managed company. At what point was any of it Swiss? I’mm interested, really, not critical. I just don’t remember that part of what had been a long saga!
Jock
http://www.guardian.co.uk/business/2009/feb/09/tax-gap-boots-chemists
Richard
Oh – Ta. I had probably switched off from such headlines by then! It could just be a strategic move to flog more sun block in winter of course…:)