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Walgreens Boots Alliance, parent company of Boots UK, could be sold to a private equity firm before the end of this week, according to Wall Street reports. 

The Wall Street Journal reported this week that the much-rumoured deal could finally come off by Thursday March 6 with a possible price tag of $10bn (£7.8bn) for the Walgreens business.

It is expected that in any potential agreement Sycamore would plan to keep Walgreens “and sell or take public the other parts of the company," said the WSJ, with Boots and specials manufacturer Shields Health Solutions splitting off to become independent companies.

This is the latest in a series of reported attempts by US-based WBA executives to sell off the UK’s largest pharmacy multiple, with previous bids stumbling over failure to agree a price tag. 

Going private would be a moment of huge significance for Walgreens, which has traded publicly since 1927.  

Boots has been approached for comment.