Boots’ $7 billion Weston family takeover is in serious jeopardy as talks stall after their bid was lowered — now it’s a 50-50 shot at salvage. The Westons, once the sole bidder after Sigma Healthcare pulled out in June, may have overplayed their hand trying to leverage that position. Owners Sycamore Partners won’t sell cheaply, and insiders suspect the Westons backed off due to global economic turbulence and UK political instability. If the deal collapses, Boots will likely go public next year — a move they’ve been planning since before buyer talks began. Meanwhile, Boots is streamlining operations, closing underperforming stores, focusing on 400 key locations, and expanding its health services while holding onto beloved brands like No7 and Soap & Glory.
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