Wittington Investments /
Boots
Weston family's Wittington and Fairfax agree to buy Boots
Source for the buyer and target: Fairfax Financial Holdings Limited (GlobeNewswire)
For the buyer and target.
“Fairfax Financial Holdings Limited (“ Fairfax ”) (TSX: FFH and FFH.U) announces that it has entered into agreements to partner with Wittington Investments, Limited (“ Wittington ”), the holding company of the Weston family based in Canada, to acquire from The Boots Group the Boots retail operations in the UK and Ireland, the Boots Opticians business, the No7 Beauty Company, and Boots’ Thailand and franchised businesses (collectively, “ Boots ”) for a total purchase price of approximately US$8.9 billion (inclusive of assumed debt) (the “ Transaction ”).”
Published 7 Oct 2026
Open the sourceWhat happened
Fairfax Financial Holdings has agreed to team up with Wittington Investments, the Weston family's holding company, to buy Boots from The Boots Group. The total purchase price is approximately $8.9 billion, inclusive of assumed debt. [01]
The deal covers the Boots retail operations in the UK and Ireland, Boots Opticians, the No7 Beauty Company and Boots' Thailand and franchised businesses. Fairfax is expected to own 50% of the equity, with Wittington having operational control, and closing is expected in the first quarter of 2027. [01]
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Weston family's Wittington and Fairfax agree to buy Boots
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Published by Fairfax Financial Holdings Limited (GlobeNewswire)
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Open the sourceExpected close
“Fairfax is expected to own 50% of the equity, with Wittington having operational control, and closing is expected in the first quarter of 2027”
Open the source
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Agreement signed · Wittington Investments agreed to acquire Boots (Agreement signed, published 7 Oct 2026).
Published 7 Oct 2026- Published by Fairfax Financial Holdings Limited (GlobeNewswire)
- Expected close
Deal Web as a list
- Wittington Investments (Buyer) agreed to acquire this deal. Wittington Investments: 1 deal on Carrywatch.
- Boots (Target) target this deal. Boots: 1 deal on Carrywatch.
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