Boots, the British high street pharmacy chain, has been bought by the Canadian branch of the billionaire Weston family for £6.7 billion. The deal marks an overseas takeover of one of the country's most familiar retail names.
Deal Details
The acquisition was confirmed on 7 October 2026, with the Weston family's company purchasing the chain from its current owners. The transaction values Boots at £6.7 billion, making it one of the largest retail deals in recent years.
Impact on the High Street
Boots operates hundreds of stores across the UK and is a staple of British high streets. The change in ownership is expected to have significant implications for the retail sector, though no immediate changes to store operations have been announced.
The deal is subject to regulatory approvals, and further details are expected to emerge in the coming weeks. The Weston family, already known for their extensive retail and property interests, will now add Boots to their portfolio.
