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Canada’s Weston family buys Boots for $8.9bn

The Weston family’s Wittington Investments will acquire Boots for $8.9bn (£6.74bn), including its UK and Irish stores, opticians, No7 brand and Thai franchise arm. The 1,800-store chain employs 50,000 people; the deal requires regulatory approval and is due to close in early 2027.