Boots

RIL will continue to look for growth opportunities overseas if good opportunities arise, said company insiders

The business runs a network of more than 2,200 stores across the UK, as well as private-label brands like No7 Beauty Co. and operations in a smattering of other countries

Offer values UK chemist chain at $6.3 billion

The bid for the Boots business is fully backed by committed financing, the people said, asking not to be identified because the information is private

The 173-year-old business has over 2,200 stores in the UK, apart from pharmacies as well as a large play in the health and beauty business

Walsgreen put up the business for sale in December last year and has been seeking a valuation of about 7 billion pounds

The Issa-TDR group had been one of the two main suitors remaining in the contest. They were bidding for Boots through Asda Group Ltd

Issa brothers are going up against Mukesh Ambani, who's been working on a bid for the Boots drugstore chain together with buyout firm Apollo Global Management Inc

Has already acquired online medicine seller NetMeds in India; Boots deal will help it launch NetMeds overseas, bring offline retail chain to India, say analysts

They feature elastic, buckles, zips, tassels, though sometimes they can just be slipped on