Billionaire Weston family closes in on £7bn Boots takeover

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City AM

Billionaire Weston family closes in on £7bn Boots takeover

The Canada arm of the billionaire family behind Primark is inching towards another deal, as it closes in on a £7bn takeover of Boots from its private equity owners. The Westons are in advanced talks to buy the UK pharmacy chain from Sycamore Partners, ending hopes of a potential London IPO. Discussions are ongoing, a [...]