On Wednesday 7 October, the Weston family agreed to buy Boots for $8.9 billion.Most of the coverage has run it as a straightforward ownership story. Canadian billionaires buy British pharmacy chain. Private equity flips asset. Galen Weston returns to UK retail.
All true. All missing the single most important fact about these buyers and I will share why this is an important buy for them and the industry as a whole.
