Mmastodon BusinessFinance first seen 4 h ago, last 42 min ago, peak #1
Boots nears £7 billion sale to Canada's Weston family
Original: Boots closing on £7 billion sale to Canada's Weston family - reports https://www.standard.co.uk/business/business-news/b
Boots is reportedly close to agreeing a £7 billion sale to the Weston family, the Canadian dynasty that already owns controlling stakes in Associated British Foods, the pharmacy chain's current parent. The deal would end the prolonged efforts of AB Foods to offload the high-street chemist, with reports attributed to the Wall Street Journal.
Why now: Reports of a multibillion-pound deal to sell one of Britain's best-known high-street chains have just emerged.
BootsWeston familyAssociated British Foods
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- Boots closing on £7 billion sale to Canada's Weston family - reports https://www.standard.co.uk/business/business-news/boots-canada-the-wall-street-journal-associated-british-foods-b1299101.html # Business # Finance # Retail · the_standard@robot.villas · 3
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