Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’

Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’

Boots' parent company is nearing a transaction that would transfer ownership to the Canadian Weston family for approximately $9 billion. The sale would bring the family back to the UK market, having previously exited after selling the Selfridges department store for £4 billion in 2022. If completed, acquisition could reshape the UK pharmacy sector and expand the Westons' portfolio.