Finance Chief Magazine November 2026 | Page 17

BOOTS SOLD TO WESTON FAMILY IN US $ 8.9BN ACQUISITION DEAL
Wittington Investments, owned by the Weston family, has agreed to buy Boots from Sycamore Partners, with the deal expected to complete in early 2027. Covering UK, Ireland, Thailand and No7 assets, the acquisition aims to deliver longterm stability, store upgrades and expanded healthcare services, following Boots’ s strong financial performance of £ 7.5bn( US $ 9.9bn) in sales.
ADP RELEASES AI-ENABLED PAYROLL PLATFORM TO EUROPEAN MARKETS
ADP has launched Lyric HCM, an AI-enabled management and payroll platform in the UK, France, Germany and the Netherlands. The system integrates HR, payroll and workforce management into a single platform backed by ADP’ s workforce data and compliance guidance. Designed for global enterprises, Lyric HCM uses AI automation and real-time insights to streamline company operations and avoid payroll error risk. financechief. com 17