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[BUSINESS] · Canada, United Kingdom, Thailand, Mexico, Germany · 20 sources

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Part of situation: Wittington Investments acquisition of Boots (2 clusters)

Wittington Investments to acquire Boots in $8.9 billion deal

Wittington Investments Boots acquisition Weston family pharmacy retail Sycamore Partners

Wittington Investments, the holding company of Canada’s billionaire Weston family, has entered into a definitive agreement to acquire the British pharmacy and beauty retailer Boots from Sycamore Partners and the Pessina family. The transaction is valued at $8.9 billion, including assumed debt.

The the acquisition includes Boots’ retail operations in the UK and Ireland, Boots Opticians, the No7 Beauty Company, and its franchised businesses in Thailand. Sycamore Partners and the Pessina family will retain ownership of other interests within The Boots Group, specifically Farmacias Benavides in Mexico and Alliance Healthcare Deutschland.

Wittington is partnering with Toronto-based Fairfax Financial Holdings on the deal, though Wittington will maintain operational control. Upon completion, Galen Weston is expected to become the chairman of Boots. The company plans to invest in the business through store upgrades, digital improvements, and the expansion of healthcare services. The deal is subject to regulatory approval and is expected to close in the first quarter of 2027.

Entities

Boots · Fairfax Financial Holdings · Galen Weston · Sycamore Partners · Weston Family · Wittington Investments

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

Wittington Investments to Acquire Boots in $8. 9 Billion Deal [wwd.com]
Weston Family’s Wittington Agreed to Buy Boots From Sycamore Partners for $8. 9 Billion: [hedgeco.net]
Wittington Investments acquisisce Boots per 8,9 miliardi di dollari [farmaciavirtuale.it]
Boots sold to billionaire family behind Canada’s largest pharmacy [www.thepharmacist.co.uk]
Boots sold in £7bn deal to Canadian billionaire family [frontpage.lk]
Boots sold in £7bn deal to Canadian billionaire family – Alsiasi [english.alsiasi.com]
Boots Has a New Owner: What Will Canada's Weston Family Do With Britain's 1,800 Stores? [caithness-business.co.uk]
Wittington Investments to Acquire Boots in 12. 7B CAD Deal [world-today-journal.com]
Η Boots περνά σε μία από τις πλουσιότερες οικογένειες του κόσμου με συμφωνία 7,9 δισ. ευρώ [www.tromaktiko.gr]
Los Nuevos Dueños De Boots Buscan Revitalizar Sus Ventas [www.elperiodico.digital]
Weston family agrees $8. 9bn deal to acquire Boots from Sycamore [www.privateequitywire.co.uk]
Britse drogisterijketen Boots komt in Canadese handen [www.retaildetail.nl]
Weston-Familie übernimmt Boots: 8,9 Mrd. US-Dollar für britische Apothekenkette [www.it-boltwise.de]
Wittington (AB Foods) adquiere por 8. 000 millones la cadena británica de farmacias Boots - Crónica de Cantabria [cronicadecantabria.com]
La famiglia miliardaria Weston compra Boots per 8,9 miliardi di dollari. Lascia Stefano Pessina [forbes.it]
Canada's Weston Family Buys UK Pharmacy Chain Boots for $8. 9 Billion [www.world-today-news.com]
Boots to be sold in £6. 7 billion deal as new owner sets out investment plans [westbridgfordwire.com]
Weston family to acquire U. K. pharmacy chain Boots in $8. 9B deal - National [globalnews.ca]
Boots sold to former Selfridge's owner for £6,700,000,000 [metro.co.uk]
Boots to be bought by Canada’s Weston family for £6. 7bn [news.stv.tv]