Australia’s Sigma drops out of talks to buy UK’s Boots

The Australian pharmaceutical group Sigma Healthcare has dropped its pursuit of the UK retail chain Boots , abandoning a takeover estimated to be worth $10bn (£7bn). Sigma, a wholesaler and retailer, said on Monday that a deal ​to by the high street pharmacy business – which has 1,800 UK stores – would not meet its strategic ‌and capital investment objectives. …