Wednesday, 7 October 2026

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Canada’s Weston family buys Boots for $8.9bn

Former Selfridges owners buys UK high street institution from long-term backer Stefano PessinaThe Canadian family that once owned Selfridges department store has bought UK pharmacy and beauty retailer Boots for $8.9bn (£6.74bn).Wittington Investments, the holding company of the Weston family that controls the Loblaws grocery chain and Drugmart pharmacy chain in Canada, will own Boots’ UK and Irish retail operations…

Former Selfridges owners buys UK high street institution from long-term backer Stefano PessinaThe Canadian family that once owned Selfridges department store has bought UK pharmacy and beauty retailer Boots for $8.9bn (£6.74bn).Wittington Investments, the holding company of the Weston family that controls the Loblaws grocery chain and Drugmart pharmacy chain in Canada, will own Boots’ UK and Irish retail operations…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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