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Canada’s Westons to Buy UK Pharmacy Chain Boots for $8.9 Billion

Bloomberg Markets Wednesday 07 October 2026, 13:26 UTC By Stuart Biggs 1 min read
Key Points

Canada’s Westons to Buy UK Pharmacy Chain Boots for $8.9 Billion 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 owner of Selfridges. The owner of Canadian grocery chain Loblaws will acquire Boots via its Wittington Investments vehicle from Sycamore Partners and the Pessina family, according to a statement Wednesday. The private equity...

Canada’s Westons to Buy UK Pharmacy Chain Boots for $8.9 Billion 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 owner of Selfridges. The owner of Canadian grocery chain Loblaws will acquire Boots via its Wittington Investments vehicle from Sycamore Partners and the Pessina family, according to a statement Wednesday. The private equity firm took control of Boots through the acquisition of parent company Walgreens Boots Alliance Inc. in 2025.
Canada (LOCATION) Westons to Buy UK Pharmacy Chain Boots (ORG) Canadian (ORG) Weston (PERSON) UK (LOCATION) Selfridges (ORG) Loblaws (ORG) Wittington Investments (ORG) Sycamore Partners (ORG) Pessina (ORG) Boots through the acquisition (ORG) Walgreens Boots Alliance Inc. (ORG)
Originally published by Bloomberg Markets Read original →

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