GgoogleIN first seen 8 h ago, last 7 h ago, peak #3
Walgreens owner sells Boots in $8.9 billion deal
Original: boots
The owner of US pharmacy chain Walgreens has sold British high-street chemist Boots for $8.9 billion, according to Crain's Chicago Business. The reported sale marks a major change for the well-known UK pharmacy brand, which has been part of the same group as Walgreens for years. Details on the buyer and what it means for Boots stores and staff were not given in the report.
Why now: The sale of a beloved UK high-street brand for a multibillion-dollar price is big business news
Evidence
- Canada’s Weston family buys Boots for $8.9bn · The Guardian
- Canada's Weston family to buy UK's Boots in $8.9 billion deal · Reuters
- Walgreens owner sells Boots for $8.9 billion · Crain's Chicago Business
Elsewhere
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