Holland & Barrett sold for a healthy £1.77bn

Private equity firm the Carlyle Group has received just the tonic after agreeing to a £1.77bn takeover bid for health food chain Holland & Barrett.
The deal would see L1 Retail assume ownership of all 1,150 stores and responsibility for 4,200 staff, which together generated £610m in revenues for 2016 following an unbroken run of 32 quarters of like-for-like growth.
Lauding its latest acquisition Stephan DuCharme, L1 Retail managing partner, said: "Holland & Barrett is a clear