Browsing Tag
Alex Baldock
3 posts
Why Fairfax is putting $2.3bn behind Wittington’s $8.9bn Boots takeover
Wittington Investments’ $8.9 billion acquisition of Boots brings one of Britain’s biggest pharmacy and beauty businesses under Canadian ownership, with Fairfax Financial Holdings committing up to $2.3 billion for a 50% equity interest. The strategic fit is compelling, but the transaction puts substantial capital behind a retailer that still needs continued investment in stores, digital commerce and healthcare services.
Boots sold for $8.9bn as Weston family makes major return to UK retail
Wittington Investments and Fairfax Financial Holdings are acquiring Boots in an $8.9 billion transaction, putting the UK pharmacy and beauty retailer under owners with deep experience in grocery, pharmacy and consumer retail.
Currys Plc confirms sale of Greek subsidiary Kotsovolos to PPC for €200m
In a significant move that streamlines its operations, British electrical and telecommunications giant Currys Plc has finalized the…