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Weston family buys Boots in £7bn deal

Original: weston family

The Weston family, the billionaires behind Primark, have agreed to buy high street chemist Boots in a deal valued at around £7 billion. The acquisition brings the pharmacy chain back under British ownership after years under US parent Walgreens Boots Alliance, and lands at a sensitive moment for the UK high street.

Why now: News of a major £7bn takeover of a familiar high street brand by one of Britain's best-known retail families broke recently.

Weston familyBootsPrimark

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