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via finance.yahoo.comCapital Markets

Boots sold for $8.9B as Canada's Westons re-enter UK

FROM THE WIRE · FINANCE.YAHOO.COM

Bloomberg's Liana Baker joins Dani Burger on "Bloomberg Deals." 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 Selfridges…

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralCanadian branch of billionaire Weston family agreed to buy health retailer Boots for $8.9 billion including debt.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Canadian Weston family agreed to buy Boots for $8.9 billion including debt.
  2. 02The acquisition will be made via the family's Wittington investment vehicle.
  3. 03Boots was previously owned by Sycamore after Walgreen took it private.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Berkshire Hathaway Inc.BRK-AStock759,193.73 USDMarket closedtoday +0.14%Neutral Berkshire Hathaway Inc.BRK-BStock506.11 USDMarket closedtoday +0.11%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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