Canada’s Weston family buys Boots for $8.9bn

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Former Selfridges owners buys UK high street institution from long-term backer Stefano Pessina The Canadian family that once owned Selfridges department store has bought UK pharmacy and beauty retailer Boots for $8.9bn (£6.74bn). Wittington Investments, the holding company of the Weston family that controls the Loblaws grocery chain and Drugmart pharmacy chain in Canada, will own Boots’ UK and Irish retail operation…

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