Market Loop - 👢Booted off?

View this email in your browser
5th December 2021
Good morning Last week the US adopted a new way for creditors to chase down debts using social media. Debt collectors can now text, email, follow and send direct messages to the 78m Americans in debt on Facebook, Twitter and Instagram. Fortunately they won't be able to comment on posts or write up something for the public to see.
Share for a chance to win ÂŁ100 Deliveroo voucher Share for a chance to win ÂŁ100 Deliveroo voucher
Today's stories
  • Booted off? – Boots owner ponders sale
  • The chips are down – US challenges takeover of $75bn British chip designer 
HEALTHCARE
Boots owner ponders sale


What’s going on?
Walgreens Boots Alliance, the owner of Boots, is lining up advisors to prepare for a potential £12bn sale of the UK’s largest pharmacy chain.


Why is this important?
American health group Walgreens has owned 172-year old Boots since 2014 and is reportedly considering either selling the chain or listing it on the stock market next year.

With a footprint of 2,200 stores and 55,000 staff, Boots is one of the biggest high street chains in the country and one of the biggest private sector employers.

Rumours have been circulating since October that Walgreens could be eyeing a sale of Boots after the group announced a new strategic focus in North America.

Walgreens has already sold its European distribution arm, Alliance Healthcare, in June for $6.5bn. 

Valuation estimates for what Boots could go for vary from ÂŁ5bn to ÂŁ12bn. Consumer behaviour has accelerated towards online shopping during the pandemic and owning a business with such a vast store portfolio could put a dampener on the value. 

Takeaway
The sale of Boots would be among the most major consumer retail deal for years. Given its close links to providing NHS services, a sale would also draw a lot of attention from the government and public.
TECH
US challenges takeover of $75bn British chip designer

The US government has become the latest country to try and stop the takeover of British tech company Arm by US chipmaker Nvidia.

The US Federal Trade Commission is suing to block the deal in what would be largest of its kind in history.

The $75bn deal was announced back in September 2020 but has been heavily scrutinised by the authorities in the US, UK, EU, Australia and China. 

In August the UK government considered preventing the deal on the grounds of national security.

Arm designs rather than manufactures chips -  the essential components in the “brain” of every electronic device in the world. Its designs are core to most of the world’s smartphones and it's growing its presence in computing competing with the likes of Intel.

The Cambridge-based company was bought by Japanese tech group Softbank for ÂŁ24bn in 2016 making it the biggest ever UK tech deal.

The possible Nvidia deal has raised concerns from competition authorities worldwide and Arm customers like Google, Samsung and Microsoft. The fear is that a merger would allow Nvidia to limit chip supplies and increase prices.

This is all the more in focus as we are in the midst of a global chip shortage which is having huge impacts on the production of cars, phones and electronics. 

Despite the mounting opposition over the takeover Softbank has remained confident that it will eventually go through. But with the competition regulator of the world’s biggest economy against you – that is an optimistic view. 
Stat of the day

It’s estimated that £4.9bn of government Covid-19 bounce back loans were claimed fraudulently, 11% of the total
Other stories to keep you in the loop
  • Travel industry fury as Covid pre-departure tests return
  • US jobs growth falls far short of expectations
  • Opec and allies agree to pump more oil
  • China’s ride-hailing firm Didi to exits US listing for Hong Kong
  • Donald Trump says new social media company has raised $1bn
  • BuzzFeed investors flee ahead of stock market debut
Interesting links from around the web
Forward to Friend Forward to Friend
Not a subscriber? Join free
Twitter
Sent this by a friend? Sign up here
How did you like today's email?
Get in touch with any feedback or even just to say hi
hello@marketloop.co

Copyright © 2021 Market Loop, All rights reserved.

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list (and break our hearts).

 






This email was sent to you
why did I get this?    unsubscribe from this list    update subscription preferences
Market Loop · 16 Great Chapel St · London, London W1F 8FL · United Kingdom

Email Marketing Powered by Mailchimp

Older messages

💷Rich Brits

Friday, December 3, 2021

.... and 🎀All Thai'd up? View this email in your browser 3rd December 2021 Good morning Earlier this week, US lawmakers proposed a new bill – the Stopping Grinch Bots Act - to prevent bots from

📊UK on track for best growth in G7

Thursday, December 2, 2021

.... and 💸London crowdfunding pioneer snapped up View this email in your browser 2nd December 2021 Good morning The tenth edition of the 'Forbes 30 Under 30' list has been released featuring

✈Flying in the red

Wednesday, December 1, 2021

.... and 👪Keeping it in the family View this email in your browser 1st December 2021 Good morning To mark the first day of December and the official countdown to Christmas, we're giving you a

🚢Asda charters private ship to save Christmas sales

Tuesday, November 30, 2021

.... and 👋Twitter CEO logs out …again View this email in your browser 30th November 2021 Good morning At midnight Barbados became the world's newest republic after ditching the Queen as head of

😯Black (Market) Friday

Monday, November 29, 2021

.... and 👜Buy now, profit later View this email in your browser 29th November 2021 Good morning Over the weekend Storm Arwen ripped through the UK with heavy snowfall causing power cuts, road closures

You Might Also Like

🤯 [$50 an hour] Remote Flutter Jobs, Zapier Freelancer, Junior Dev Jobs and more!

Thursday, March 28, 2024

March 28, 2024 | Read Online 🤯 [$50 an hour] Remote Flutter Jobs, Zapier Freelancer, Junior Dev Jobs and more! fb tw in email Welcome to another CrackedDevs Daily, this time with some hot new jobs! 🚀 1

Discovery Phase for Coinbase SEC Lawsuit

Thursday, March 28, 2024

Plus UK's FCA Targets Memecoin Influencers ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

🧠 Indie Hacker Earning 30K Per Month

Thursday, March 28, 2024

How this founder is solving a niche problem in a fast growing and highly-profitable industry ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

You’re wasting your time on SEO

Thursday, March 28, 2024

94.29% of the web pages indexed in Google generated no organic visitors in the last 30 days. If your traffic curve has flatlined, it's not because SEO isn't working... it's because you'

The YouTube Growth Strategy Mr. Beast, Cocomelon, & Like Nastya Use to Dominate the Internet

Thursday, March 28, 2024

Discover how three YouTubers use inclusive marketing to achieve growth and dominate the internet. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Tell me a story: Work shame

Thursday, March 28, 2024

Acts of professional unkindness ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

How to launch a legendary email newsletter 🐐

Thursday, March 28, 2024

3 years of research and secrets… for free. Trends logo How to launch a legendary email newsletter 🐐 Don't lie — you've read some of our nimble newsletters and said to yourself, “I could make

The Investments Where I’m Going to Lose All My Money

Thursday, March 28, 2024

I've made some pretty good investments but also some that weren't To view this email as a web page, click here saastr daily newsletter The Investments Where I'm Going to Lose All My Money

LP Q&A: Adding value in VC

Thursday, March 28, 2024

Dealmaking slips for healthcare IT; 10 biopharma unicorns likely to go IPO; Celestial AI bags $175M for photonics computing Read online | Don't want to receive these emails? Manage your

How to Make $30,000 a year Blogging (PLUS How to Become a Prolific Content Creator)

Thursday, March 28, 2024

Hello Reader! How's your blogging week been? Ever dreamt of making a living through blogging but feel overwhelmed by the journey ahead? You're not alone. Many aspiring bloggers share the