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Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’

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This story was selected and curated by our editorial team in the Boots category. Published on October 1, 2026 • Originally reported by Kalyeena Makortoff. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

Deal would mark return of Canadian family to UK after it sold Selfridges department store for £4bn in 2022

The private equity owner of high street pharmacy Boots is reportedly closing in on a deal to sell the business to the Canadian branch of the billionaire Weston family for $9bn (£7bn).

Sycamore Partners, which bought the wider Walgreens Boots Alliance for $23.7bn in 2025, is said to be in advanced talks with the Westons, with the Financial Times reporting that a deal could be completed as soon as next week.

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