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Sycamore nears $9bn sale of Boots to Weston family

privateequitywire

1 day ago

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Sycamore Partners is in advanced discussions to sell UK health and beauty retailer Boots to the Canadian branch of the billionaire Weston family in a transaction that could value the business at about $9bn, according to a report by the Financial Times.
The report cites unnamed people familiar with the matter as saying that a deal could be agreed as soon as next week, although negotiations remain ongoing and terms could still change.
The Weston family would acquire Boots through Wittington Invest...

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