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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 newspaper reports. The deal would return the retailer to the Weston family, which previously owned it through Associated British Foods before its separation, and would mark one of the larger UK retail transactions in recent years.
Why now: Reports of a major £7 billion takeover of a beloved UK high street chain have sparked interest among shoppers and investors.
BootsWeston familyAssociated British Foods
Evidence
- 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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