Russian billionaire buys UK food chain for $2.16 billion
Europeâs largest health food chain Holland & Barrett has been sold to Russian billionaire Mikhail Fridman in a $2.16 billion (nearly â¹15,000 crore) deal. L1 Retail, a fund controlled by Fridman, is buying the chain from US private equity firm Carlyle. Founded in 1870, Holland & Barrett operates in more than 1,150 locations with a workforce exceeding 4,200.