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ClosedEconomy

Weston family's purchase of Boots

Sycamore Partners is reportedly in advanced talks to sell Boots to the Westons' Canadian branch for $9bn, with a deal possible as soon as next week.

Developments
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1 Oct
The latest development
Latest · Wed 7 Oct, 14:16 UTCWeston family buys Boots for $8.9bnWittington Investments will own Boots' UK and Irish retail operations, opticians, the No7 brand and a Thai franchise arm.
01Developments

Developments

Wednesday 7 October

1 development
  1. 14:16 UTC· the latest

    Weston family buys Boots for $8.9bn

    Wittington Investments will own Boots' UK and Irish retail operations, opticians, the No7 brand and a Thai franchise arm.

    2 sourcesBBC Breaking, The Guardian · World
    • BBC BreakingXWed 7 Oct, 14:16

      Boots high street chain sold to billionaire Canadian family for nearly £7bn
      The original post
    • The Guardian · WorldRSSWed 7 Oct, 15:12

      Canada’s Weston family buys Boots for $8.9bn Former Selfridges owners buys UK high street institution from long-term backer Stefano PessinaThe Canadian family that once owned Selfridges department store has bought UK pharmacy and beauty retailer Boots for $8.9bn (£6.74bn).Wittin
      The original post

Thursday 1 October

1 development
  1. 09:03 UTC

    Boots owner close to $9bn sale to Westons

    The Financial Times reports Sycamore Partners is in advanced talks to sell Boots to the Canadian Weston family for $9bn (£7bn).

    1 sourceThe Guardian · World
    • The Guardian · WorldRSSThu 1 Oct, 09:03

      Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’ Deal would mark return of Canadian family to UK after it sold Selfridges department store for £4bn in 2022Business live – latest updatesThe private equity owner of high street pharmacy Boots is reportedly closin
      The original post