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Boots sold to Weston family in £6.7 billion takeover

Original: boots weston family

Pharmacy chain Boots has been sold to Canada's Weston family in a £6.7 billion deal, according to The Independent. The takeover hands ownership of one of Britain's best-known high street retailers to the family behind Selfridges and George Weston Limited. The sale ends a lengthy ownership saga for Boots and is drawing significant attention in the UK, where its future under new ownership is the focus of discussion.

Why now: A major British high street brand has just changed hands in one of the biggest retail takeover deals of the year.

BootsWeston familyThe Independent

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• Boots sold to Canada's Weston family in £6.7 billion takeover deal · The Independent

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