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WorldPingBBC Business
Boots sold in £7bn deal to Canadian billionaire family
The sale of the High Street chain was announced on Wednesday.
Brief by WorldPing · Original reporting by BBC Business
Canada’s Weston family buys Boots for $8.9bn
WorldPingWhat happened
Former Selfridges owners buy UK high street institution from long-term backer Stefano Pessina The Canadian family that once owned Selfridges department store has bought the UK pharmacy and beauty retailer Boots for $8.9bn (£6.74bn).
Key facts
- Former Selfridges owners buy UK high street institution from long-term backer Stefano Pessina The Canadian family that once owned Selfridges department store has bought the UK pharmacy and beauty retailer Boots for $8.9bn (£6.74bn).
- Reported by The Guardian and published Wed, 07 Oct 2026 15:12:09 UTC.
Why it matters
Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.
What to watch next
- Revisions to the initial figures once fuller data is released
- How rate expectations and index futures respond
- Guidance or commentary from the companies and policymakers involved
Coverage timeline
When each newsroom published on this story, oldest first — all times UTC.
Canada’s Weston family buys Boots for $8.9bn
Sources
The original report was published by The Guardian. WorldPing does not claim that reporting — this page summarises and contextualises it.
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