Boots sold in £7bn deal to Canadian billionaire family
Weston Family Acquires Boots in $8.9bn Pharmacy Deal Boots, the High Street pharmacy and retail chain, has been sold to Canada's billionaire Weston family in a deal valu...
By IGR Desk•Published Oct 8, 2026, 03:45 AM
Source: BBC
Boots, the High Street pharmacy and retail chain, has been sold to Canada's billionaire Weston family in a deal valued at $8.9bn, equivalent to £6.7bn.
Boots changes ownership
The transaction transfers ownership of the well-known pharmacy and retail business to the Weston family. The reported value is approximately £7bn when rounded, while the stated deal figure is $8.9bn.
Business significance
Boots operates across the pharmacy and retail sectors, making the sale a significant ownership change for a major High Street chain. The available information does not specify further terms of the transaction or any planned changes to Boots’ operations.
The deal places Boots under the ownership of the Canadian billionaire Weston family, marking a new chapter for the retailer.