Alliance Boots Share Discussion Threads

[thacker001] 26/4/2007 13:37

Well, I have been through a merger before where I had SAYE contract (and know of at least one more). The contract was carried on until the merger date and what ever saved until then + interest was used to buy shares from the scheme. Thus, most of the benefit retained.

T

[brianbush] 25/4/2007 08:42

What is likely to happen to the final dividend, will it be included in the offer?

[crestseal] 24/4/2007 11:18

Looks like its ready to fly again

[miata] 21/4/2007 09:16

Alliance Boots shares closed up 75.5p at £11.25 - suggesting traders believe that KKR will return with a yet higher offer. One analyst, Luca Solca of Bernstein, said a private-equity buyer could afford to pay up to £13, which would value the business at £12.6bn.

[audand2] 20/4/2007 16:44

1300p?
Nice thought but don,t think so.
With a following wind might see a counter bid up to 11.45s (+divi) but that imho is the top.
Holding a bundle of these so the higher the better but just being realistic.(CGT a real issue though, Gordon B is on a winner here!!)
S

[aabdul] 20/4/2007 15:19

I paid £11.32 an hour ago, i'll be disappointed if it does not reach at least £11.90.

[miata] 20/4/2007 12:16

Terra Firma consortium increased their indicative conditional offer to 1126p a share, worth 1115p a share after accounting for a £105.9m break fee Alliance Boots has agreed with KKR/Pessina.

1300p anyone?

[audand2] 20/4/2007 11:35

Arth10
Not sure if it is possible in your case/plan but how about pre-paying the last (now) two payments of the plan if you are worried?
DYOR etc
S

[soti] 20/4/2007 10:48

as ex barclays employee, i dont think you will lose out. Your new employer will have to honour contract youve entred into. However you should check with your personnel dept

[inki] 20/4/2007 08:04

Thank you Terra Firma - without the 10.85 indicative offer from them, there would be no 10.90 from KKR - Will Terra Firma leave it at that ---- ?

[miata] 20/4/2007 06:47

Thank you KKR.

[inki] 19/4/2007 13:26

Has anything been published to indicate that Terra Firma have been handed the books yet ?

[akslal] 09/4/2007 14:46

LONDON (Dow Jones)--Terra Firma, the fund run by Guy Hands, and medical trust Wellcome Trust Thursday approached the chairman of Alliance Boots PLC (AB.LN) asking to see the company's books as a prelude to a bid, the Sunday Telegraph reports. The paper, which doesn't cite sources, says that the group has asked chairman Nigel Rudd to see the books on the same basis as the management-led team which is backed by Kolhberg Kravis Roberts. The paper says Alliance Boots will allow access to the books if Terra Firma and Wellcome can show they have sufficient financing to mount a credible bid. Newspaper Web site: -London Bureau, Dow Jones Newswires; [phone] (END) Dow Jones Newswires April 08, 2007 10:48 ET (14:48 GMT)

[akslal] 09/4/2007 14:45

LONDON (Dow Jones)--Terra Firma, the fund run by Guy Hands, and medical trust Wellcome Trust Thursday approached the chairman of Alliance Boots PLC (AB.LN) asking to see the company's books as a prelude to a bid, the Sunday Telegraph reports. The paper, which doesn't cite sources, says that the group has asked chairman Nigel Rudd to see the books on the same basis as the management-led team which is backed by Kolhberg Kravis Roberts. The paper says Alliance Boots will allow access to the books if Terra Firma and Wellcome can show they have sufficient financing to mount a credible bid. Newspaper Web site: -London Bureau, Dow Jones Newswires; [phone]

[arja] 05/4/2007 08:38

technet,
Presumably it is because it is often better to have the $10.20 now and use the funds rather than waiting a month or more to get the $10.40. Also, a bird in hand comes to mind if something unexpected happened . happy easter to you .

[miata] 02/4/2007 06:45

Celesio, the German-based group that owns the Lloyds pharmacy chain, plans to buy the community pharmacies of Alliance Boots if it succeeds in getting a private equity group to back a bid for the whole company.

Celesio would be forbidden on competition grounds to bid for all of Alliance Boots, but it is understood to have told the private equity firms that it would pay just under half the current market value of Alliance Boots, or £4 billion to £5 billion, to take control of Moss, the community pharmacy chain that was part of Alliance UniChem before its merger with Boots.

That would leave the Boots high street retail outlets and the wholesale distribution arm for its private equity partner.

The Sunday Times quoted a 'well-placed City source' as saying that Celesio's financial adviser NM Rothschild has been trying to find backers for a bidding consortium to rival that of Alliance Boots' deputy chairman and KKR.

[mike24] 01/4/2007 20:47

the press finally woken up to Celesio's interest,
their growth puts boots to shame, mostly achieved mid eighties/nineties
over 36000 staff in over a dozen countries, that single uk shop has grown to
over 1500 stores, asda this week have been erecting their impressive pharmacy
signs at uk stores with late night openings,
tis a shame everything is being flogged off to the foreigners
who seem to make a better job of running things

pharmacy2you such a simple winner,
cna rdw doin nicely

"a well placed city source" LOL

[brianbush] 31/3/2007 19:39

amen to that!

[miata] 30/3/2007 17:00

"why it should drop below 1040" ?

1) The money is not available immediately
2) To get the 1040p a purchaser of AB shares would have to pay 0.5% stamp duty.
3) The 1040p includes the 19p dividend.
4) The consortium stressed there is no certainty a formal offer will follow.

[technet] 30/3/2007 14:01

arja - what I dont understand though is why it should drop below 1040 if that is where the bid is (maybe the open book says something scary)

[arja] 30/3/2007 13:43

technet,
I also sold my spreadbet at 1042 early on but surprised that price has dropped to 1026!! Market must think no further offer forthcoming !