(Reuters) - LONDON, April 20 - The buyout firms stalking UK pharmacy chain owner Alliance Boots are racing to line up about 8 billion pounds of financing to support their rival bids, but banks still have concerns about a large sterling buyout in the troubled retail sector.
Kohlberg Kravis Roberts & Co.'s [KKR.UL] 10.6 billion pound agreed bid is backed by billionaire Stefano Pessina, Boots' deputy chairman and biggest shareholder, and has support from eight banks for what would be Europe's largest leveraged buyout.
Read more at Reuters.com Mergers News
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