{"id":18882,"date":"2026-04-21T16:47:19","date_gmt":"2026-04-21T16:47:19","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/18882\/"},"modified":"2026-04-21T16:47:19","modified_gmt":"2026-04-21T16:47:19","slug":"boots-shapes-up-for-potential-london-ipo","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/18882\/","title":{"rendered":"Boots shapes up for potential London IPO\u00a0"},"content":{"rendered":"<p>\t\t\tTuesday 21 April 2026 2:57 pm<br \/>\n\t\t\t\t\t\u00a0|\u00a0\u00a0Updated:\u00a0<\/p>\n<p>\t\t\tTuesday 21 April 2026 4:12 pm\n\t<\/p>\n<p><img width=\"742\" height=\"495\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/04\/GettyImages-453247390-e1741333662872.jpg\" class=\"media \" alt=\"Boots remains one of the group\u2019s best performing business lines, with a London float suggested as recently as last year. (Photo by Oli Scarff\/Getty Images)\" fetchpriority=\"high\" loading=\"eager\" decoding=\"sync\"\/>\t\tA Boots float would be a major boost for the London Stock Exchange\t<\/p>\n<p>The owners of Boots have hired advisors to get the high street chemist into shape ahead of a potential London floating which could come as soon as next year.<\/p>\n<p>Sycamore Partners, the private equity firm which owns Boots, have been in talks with advisers in recent weeks on the possibility of floating in the capital.<\/p>\n<p>The Initial Public Offering (IPO) would offer a major boost for the London Stock Exchange, as policymakers <a href=\"https:\/\/www.cityam.com\/london-stock-exchange-poised-for-ipo-rebound-in-2026\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">attempt<\/a> to end a recent drought of listings by loosening tax and regulation.<\/p>\n<p>Talks over Boots\u2019 potential London float, first reported by <a href=\"https:\/\/www.reuters.com\/business\/healthcare-pharmaceuticals\/boots-owners-hire-consultants-overhaul-before-possible-london-ipo-2027-sources-2026-04-21\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Reuters<\/a>, are at a preliminary stage but the move would be a win over rival markets in Amsterdam and New York.<\/p>\n<p>Boots takes growing profit<\/p>\n<p>The advisors are also being consulted on how to grow the firm\u2019s presence in the beauty and wellness markets.\u00a0<\/p>\n<p>Sycamore could yet change course on a London IPO by opting to sell Boots, it has been reported.\u00a0<\/p>\n<p>Boots, which operates around 1,800 stores, has enjoyed a profit <a href=\"https:\/\/www.cityam.com\/boots-closes-hundreds-of-stores-as-profit-jumps\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">rebound<\/a> in recent years after it opted to shut a number of branches.<\/p>\n<p>The firm\u2019s pre-tax profit grew by nearly seven times in the year to August 2025, to \u00a3215m up from \u00a331m the year before.<\/p>\n<p>\t\t\t\t\tRead more<\/p>\n<p>\t\t\t<a class=\"read-more__link\" href=\"https:\/\/www.cityam.com\/london-ipo-market-may-yet-recover-in-2026-peel-hunt-says\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">London IPO market may yet recover in 2026, Peel Hunt says<\/a><\/p>\n<p>The company\u2019s revenue and gross profit grew by three per cent to \u00a3192m.<\/p>\n<p>Boots was founded as a family herbal medicine shop in Nottingham in 1849.<\/p>\n<p>The firm has previously been listed in London, as part of Alliance Boots, but became the first ever FTSE 100 company to be bought by a private equity firm in 2007.<\/p>\n<p>Growing number of potential UK IPOs<\/p>\n<p>American pharmacy Walgreens acquired a 45 per cent stake in Boots in 2012 and later made the firm a subsidiary of the Walgreens Boots Alliance.<\/p>\n<p>Last year, Sycamore acquired the British chemist for $10bn and spun it off into a standalone business.<\/p>\n<p>Boots would join bookselling giant Waterstones as one of London\u2019s most exciting upcoming IPOs.\u00a0<\/p>\n<p>The bookseller has ramped up plans to list in the UK in recent months, after it <a href=\"https:\/\/www.cityam.com\/waterstones-books-rothschild-as-ipo-plans-ramp-up\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">appointed<\/a> Rothschild to advise the float and is <a href=\"https:\/\/www.cityam.com\/waterstones-to-book-chairman-as-london-listing-gains-pace\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">reportedly<\/a> on the hunt for a chairman.<\/p>\n<p>Waterstones, owned by activist investor firm Elliott Management, has scaled rapidly in recent years, snapping up rivals Foyles, Hatchards and Blackwell\u2019s under the leadership of James Daunt.<\/p>\n<p>\t\t\t\t\tRead more<\/p>\n<p>\t\t\t<a class=\"read-more__link\" href=\"https:\/\/www.cityam.com\/rac-could-jump-start-londons-ipo-engine-with-bumper-5bn-float\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">RAC could jump-start London\u2019s IPO engine with bumper \u00a35bn float<\/a><\/p>\n<p>\t\tSimilarly tagged content: <\/p>\n<p>\t\t\tSections\t\t<\/p>\n<p>\t\t\tCategories\t\t<\/p>\n<p>\t\t\tPeople &amp; Organisations\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Tuesday 21 April 2026 2:57 pm \u00a0|\u00a0\u00a0Updated:\u00a0 Tuesday 21 April 2026 4:12 pm A Boots float would be&hellip;\n","protected":false},"author":2,"featured_media":18883,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[8667,633,4154,3986,27,321,18,1930,8668,431,8669,8670],"class_list":{"0":"post-18882","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-london","8":"tag-boots","9":"tag-business","10":"tag-high-street","11":"tag-ipo","12":"tag-london","13":"tag-london-stock-exchange","14":"tag-news","15":"tag-retail","16":"tag-stock-market-float","17":"tag-uk-economy","18":"tag-walgreens-boots-alliance","19":"tag-waterstones"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116443719233361787","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/18882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=18882"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/18882\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/18883"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=18882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=18882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=18882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}