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Weston family buys British retailer Boots for $8.9-billion with Fairfax backing

Source: The Globe and Mail

M&A & RestructuringConsumer Demand & Retail

The Weston family agreed to acquire drug store chain Boots for US$8.9 billion, including assumed debt, with financial backing from Fairfax Financial Holdings. The report provides no further deal terms or market reaction.

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