🥜 Other Published 1h ago · 2 sources

Weston Family Acquires Boots in $8.9bn Deal: Canada's Weston family

💡 Why it matters

This deal returns a major UK high-street institution to long-term family ownership, likely reshaping Boots' strategy and intensifying competition in British pharmacy and beauty retail.

Canada's Weston family, through Wittington Investments, agreed to buy Boots' UK and Irish retail operations, No7 beauty brand, opticians chain, and Thailand franchise arm from Stefano Pessina for $8.9bn (£6.74bn). The family previously owned Selfridges department store.