Weston family in talks to buy Boots in £7bn deal

Summarised from 2 outlets · Updated 2 Oct, 11:43 · Archive

The Weston family, which owns Primark, is in advanced talks to buy Boots from Sycamore Partners for £7bn.

The Weston family, which owns the discount retailer Primark, is in advanced talks to acquire Boots from the American private equity firm Sycamore Partners for £7bn. The deal, if completed, would bring the high street pharmacy and health chain under the same ownership as Primark.

The transaction could affect 23 Boots stores located in Norfolk. The takeover remains subject to the completion of negotiations between the two parties.

How it is being reported

• Major high street chain with Norfolk stores could be sold in £7bn takeover dealNorwich Evening News · 1 Oct, 14:37
• Major high street chain with Norfolk stores could be sold in £7bn takeover dealEastern Daily Press · 1 Oct, 14:37

In this story: Weston family · Primark · Boots · Sycamore Partners · Norfolk

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