In a Boots store dedicated to beauty in London’s Battersea Power Station development, consumers can undergo red-light skin therapy, have their scalps checked and shop for in-demand brands such as musician Ariana Grande’s R.E.M. Beauty makeup range. Private equity firm Sycamore Partners and Italian entrepreneur Stefano Pessina, who own Boots, are hoping the British pharmacy and cosmetics chain itself will prove equally alluring to corporate customers. They’re exploring an initial public offering, but are also in talks with the Canadian branch of the billionaire Weston family about a $10 billion sale, according to the
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