Boots Sold for $8.9B As Canada’s Westons Re-Enter UK

AI Summary

The Canadian Weston family has agreed to acquire UK pharmacy and health retailer Boots for $8.9 billion, including debt. The deal marks the family’s return to the UK after its former ownership of Selfridges.

Bloomberg's Liana Baker joins Dani Burger on "Bloomberg Deals." The Canadian branch of the billionaire Weston family agreed to buy health retailer Boots for $8.9 billion including debt, in another change of hands for the pharmacy chain and a UK return for the former Selfridges owner. (Source: Bloomberg)