Walgreens Boots Alliance, the big drugstore chain, is reportedly seeking potential buyers for its U.K.-based Boots pharmacy chain, leading to a jump in its stock price. According to Bloomberg, Boots could be valued at £7 billion ($8.8 billion). While Walgreens had previously attempted to sell Boots in June 2022, volatile financial markets at the time prevented suitors from offering a satisfactory price. This recent move suggests the company is once again exploring options to divest the chain. As a result, Walgreens Boots Alliance shares rose 5.3% to $18.10 on Monday, although they are still down more than 30% year-to-date and reached their lowest level since 1998 on Friday.