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Sources tell the FT that private equity firm Cerberus is pushing for Deutsche Bank to replace chairman Paul Achleitner
Mooted takeover by KKR comes as borrowing costs are low but fears of risky deals persist
KKR would need to collaborate with other investors to pull off biggest PE transaction
Long-shot deal for pharmacy behemoth would be the largest private equity takeover ever
UK Boots chain suffers 2.7% fall in same-store retail sales
Walgreens-owned retailer seeks to revamp beauty business in face of tough competition
Steady outlook comes after the group’s previous quarter was its ‘most difficult’
Retailer says any closures will be focused on reducing duplication with pharmacies in line of fire
Group reviewing underperforming outlets and being ‘realistic’ about the future
Walgreens and Rite Aid respond to pressure from regulator over youth tobacco use
Drugstore and chemist group warns on tough industry conditions and continued UK weakness
US-based group also unveils $1bn cost-cutting programme
When the US internet retailer sneezes, entire industries catch cold
PillPack deal offers the US group a launch pad for a hallmark full-frontal assault
Drug delivery is a low margin, high volume business that keeps getting squeezed
Sales were boosted by 2017 deal for Rite Aid stores
Industrial group, a founder member of the index in 1896, cedes its place to Walgreens
Even a mega food and drug retailer does not excite investors
Exit comes as company plans to overhaul smartphone selling amid weaker upgrade demand
