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Weston family's Wittington Investments agrees to buy Boots for $8.9 billion, including debt

Reuters, published by The Economic Times, reports Sycamore Partners and the Pessina family are selling the retailer.

1 Source, 20d ago, first seen 20d ago

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Reuters, published by The Economic Times, reports that Wittington Investments agreed to buy Boots for $8.9 billion, including debt. The deal covers Boots' UK and Ireland retail operations, Boots Opticians, No7 Beauty Company, and its Thailand and franchised businesses. Wittington is partnering with Fairfax Financial Holdings and says it plans to invest in stores and online operations and expand healthcare services.

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1 Source, first seen 20d ago

Weston family's Wittington Investments agrees to buy Boots for $8.9 billion, including debt

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