Boots owner in talks over sale to Weston family

Summarised from 6 outlets · Updated 1 Oct, 09:55 · Archive

Sycamore Partners, which owns Boots, is in advanced talks to sell the chemist to Canada's Weston family.

Sycamore Partners, which owns Boots, is reportedly in advanced talks to sell the chemist chain to Canada's Weston family for approximately £7 billion or $9 billion. The potential takeover would mark the billionaire family's return to UK retail four years after selling Selfridges.

How it is being reported

• Boots set to be bought by Canada's Weston family in fresh blow to London stock marketThis is Money · 1 Oct, 11:27
• Billionaire Weston family closes in on £7bn Boots takeoverCity AM · 1 Oct, 10:33
• Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’The Guardian · 1 Oct, 10:03
• Boots closing on £7 billion sale to Canada’s Weston family – reportsEvening Standard · 1 Oct, 09:00
• Boots closing on £7 billion sale to Canada’s Weston family – reportsIndependent Business · 1 Oct, 09:00
• Boots owner nearing $9bn sale of chemist to Canada’s Weston familyFinancial Times · 30 Sept, 19:59

In this story: Boots · Sycamore Partners · Weston family · Canada

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem