News

Walgreens Boots Alliance should be a private company before the end of the year after jumping the potential hurdle of a ...
Key Points Walgreens is an iconic brand in the pharmacy space, but it has fallen on hard times.The retailer has agreed to be ...
The transaction, expected to close in Q3 or Q4, will take the company private after nearly 100 years as a public company.
Walgreens Boots Alliance (WBA) said on Friday that the struggling drug retailer’s shareholders approved its $10 billion buyout by New York-based private equity firm Sycamore Partners Management during ...
A $10bn (£7.4bn) takeover of Walgreens Boots Alliance (WBA) by Sycamore Partners has been officially approved, with 96% of ...
Walgreens and Sycamore expect to close the take-private deal in the fourth quarter of this year. Shares of Walgreens jumped more than 5% in after-hours trading on Thursday before being halted.
Sycamore has agreed to pay $11.45 a share in cash for Walgreens Boots Alliance, representing an equity value of around $10 billion, per a WSJ report.
Sycamore Partners is nearing an acquisition of Walgreens Boots Alliance Inc., people with knowledge of the matter said, in a deal that could end the drugstore operator’s tumultuous run as a ...
Walgreens saw a change in management last year, with CEO Rosalind Brewer abruptly stepping down in September last year. Healthcare industry veteran Tim Wentworth took her place and has since ...
The drugstore industry is facing competition from the likes of Amazon.com Inc., as well as pressure on pharmacy-reimbursement rates for prescription drugs.
Walgreens Boots Alliance has been discussing a deal with New York-based Sycamore Partners, which specializes in retail and consumer investments, according to the report. The buyout would take the ...
Sycamore Partners is in talks to acquire struggling drugstore chain Walgreens Boots Alliance Inc., according to people familiar with the matter.. The New York-based private equity firm has been ...