The Pharmaceutical Journal
Vol 269 No 7209 p148
3 August 2002

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Boots (www.boots-plc.com)

Boots sells Halfords for £427m

The Boots Co Plc has sold Halfords, its car parts and servicing subsidiary, to CVC Capital Partners for £410m in cash. A further £17m depends on sales targets being reached. Halfords was the final part of the conglomerate to be sold by Boots and the only part to be sold at a profit.