Reposted by Tim Atkins #JoinAUnion
US private equity owner of Boots to sell it to a Canadian private equity firm for $9bn (£7bn).
NHS prescriptions are a major money makers.
Otherwise its prices are high.
No UK tax levied on dividends paid by Boots to its foreign owners.
theguardian.com
Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’
Deal would mark return of Canadian family to UK after it sold Selfridges department store for £4bn in 2022