(Reuters) - U.S. buyout firm Kohlberg Kravis Roberts and Pessina, Alliance Boots' deputy chairman and biggest shareholder, said they had agreed to buy the drugs wholesaler and retailer with a firm offer of 1,090 pence a share in cash.
But only hours later Guy Hands' Terra Firma, working with medical charity Wellcome Trust and banking group HBOS, said it had made an indicative proposal to the company's board worth 1,126 pence a share in cash.
Read more at Reuters.com Business News
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