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via bbc.co.ukBusiness & Companies

Boots sold for £7bn to Canadian billionaire family

FROM THE WIRE · BBC.CO.UK

The sale of the High Street chain was announced on Wednesday.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe sale of the UK retail chain is a major transaction reshaping ownership of a British High Street icon.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Boots, the historic British chain, has been sold for £7 billion.
  2. 02The buyer is a Canadian billionaire family.
  3. 03The sale was announced on Wednesday.

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