Skip to content
Back to all stories
BBC News

Boots sold in £7bn deal to Canadian billionaire family

The sale of the High Street chain was announced on Wednesday.

Tarun Mottlia

Via BBC News

·Excerpt
Boots sold in £7bn deal to Canadian billionaire family
Image: BBC News (Tech & Business)

Boots, the High Street pharmacy and retail chain, has been sold in an $8.9bn (£6.7bn) deal to Canada's billionaire Weston family.

Wittington Investments, the holding company, confirmed it had agreed to buy 177-year old company on Wednesday from US private equity firm Sycamore Partners and the Pessina family.

Boots started as a simple apothecary in Nottingham but has evolved to become a familiar and trusted High Street presence, selling a vast range of health and beauty products, meal deals and…

Continue reading on BBC News ↗

Courtesy

This story was originally published by BBC News. All rights belong to the original publisher.

Read the original on bbc.co.uk ↗
Lazy Founder - Powered by Blogy.in

Contact us

Have a story tip, correction or partnership idea?

Write to us at tarun.kumar@blogy.in or talk to the founder directly. We read every message.

Contact us