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Billionaire Weston family closes in on £7bn Boots takeover
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The Canadian branch of the billionaire Weston family is in advanced talks to buy Boots from private equity owner Sycamore Partners for around £7bn ($9bn). The deal would mark the family's return to UK retail after selling Selfridges department store in 2022. Reports suggest the sale would end hopes of a potential London IPO for the pharmacy chain.
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