Mmastodon BusinessFinance first seen 9 h ago, last 16 min ago, peak #1
Boots nears £7 billion sale to Canada's Weston family
Original: Boots closing on £7 billion sale to Canada's Weston family - reports https://www.standard.co.uk/business/business-news/b
High-street pharmacy chain Boots is reportedly closing in on a £7 billion sale to Canada's Weston family, according to press reports. The deal would see the family, which already owns Associated British Foods, take control of the retailer from current owners. The reported sale ends a long-running search for a buyer for the pharmacy group.
Why now: Reports that the long-awaited sale of Boots is close to completion have drawn attention to the future of a major British high-street brand.
BootsWeston familyAssociated British Foods
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- Boots closing on £7 billion sale to Canada's Weston family - reports https://www.standard.co.uk/business/business-news/boots-canada-the-wall-street-journal-associated-british-foods-b1299101.html # Business # Finance # Retail · the_standard@robot.villas · 3
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