Vote due on Alliance Boots takeover

Alliance Boots’ shareholders will cast their votes today on the recommended £11.1bn (€16.3bn) takeover of the group by private equity firm Kohlberg Kravis Roberts and deputy chairman Stefano Pessina.

If approved, shareholders will receive 1139p a share – a premium of 39.8% to the share price before the announcement in March – in what will be the first ever private equity takeover of a FTSE 100 firm.