(Il Sole 24 Ore Radiocor) - Milano, 10 giu - Australia's Sigma Healthcare confirmed it was in preliminary discussions to potentially buy UK drug store Boots.

"Sigma continuously reviews opportunities that would create value for shareholders and has engaged in preliminary discussions in relation to the sale process," the company said, noting that there was no certainty that any transaction will take place.

Citing people familiar with the situation, the Financial Times reported that Sycamore Partners, the owner of Boots, is reportedly in talks over a 10 billion dollar sale of the UK drug store with bidders including the Weston family and Sigma. The sale would see the UK retailer abandon plans for a London initial public offering, the daily said.

The Weston family owns grocery chain Loblaws and pharmacy chain Shoppers Drug Mart through its Wittington Investment vehicle, while the British side of the family controls Primark through its stake in parent company Associated.

British Foods, the FT reported.

(RADIOCOR) 10-06-26 11:06:09 (0270) 5 NNNN