Boots to be bought by Canada’s Weston family for £6.7bn

Boots is to be bought by Wittington Investments, Limited for £6.7 billion (PA) - (PA Archive)

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

Wittington Investments, the Weston’s holding company, will buy the business from majority owner, private equity firm Sycamore Partners, and the Pessina family.