Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling ...
It's unclear what the deal will mean for the 1,800 Boots shops but it could trigger an auction of the business.
Walgreens said Thursday that Sycamore will pay $11.45 per share, giving the deal an equity value just under $10 billion.
The company will continue to operate under the name Walgreens and its headquarters will remain in the Chicago area.
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its ...
After several months of rumors that Walgreens Boots Alliance would take itself private, the Deerfield-based pharmacy giant ...
8don MSN
The decline in Walgreens Boots Alliance's share price over the past decade reflects how it struggled with growing competition ...
The Financial Times is reporting that Walgreens Boots Alliance would be split three ways if Sycamore Partners buys out the ...
Sycamore will pay $11.45 per share in cash for Walgreens, representing a roughly 8% premium to the stock's closing price on ...
Negotiations are in advanced stages, with both sides aiming to seal the agreement as soon as Thursday, according to the Wall ...
Private equity firm Sycamore Partners has entered into a definitive agreement with Walgreens Boots Alliance to acquire the struggling retail pharmacy chain. | The confirmation follows weeks of ...
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