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The Independent UK
The Independent UK
Henry Saker-Clark and Holly Williams

Boots sold to Canada's Weston family in £6.7 billion takeover deal

Boots Galen Weston Canada United Kingdom
Boots was first established in Nottingham in 1849 (James Manning/PA) - (PA Archive)

High street retailer Boots is set to be acquired by the Canadian branch of the billionaire Weston family for 8.9 billion US dollars (£6.7 billion).

The Weston family holding company, Wittington Investments, will acquire the business from majority owner Sycamore Partners, a private equity firm, and the Pessina family.

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