Walgreens agrees to be acquired by private equity firm for almost $10 billion
Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money.
Walgreens on verge of being sold to private-equity firm for $10B: report
Negotiations are in advanced stages, with both sides aiming to seal the agreement as soon as Thursday, according to the Wall Street Journal.
Walgreens to Be Acquired by Private Equity Firm in Nearly $10B Deal
Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money.
Walgreens stock gets a modest boost after the pharmacy chain agrees to be bought by private equity
The deal will see Sycamore Partners pay Walgreens shareholders $11.45 per share as it takes the company private and attempts a turnaround. Shares in Walgreens Boots Alliance, Inc. (Nasdaq: WBA) are up a modest amount after the company announced yesterday that it has agreed to be purchased by private equity firm Sycamore Partners.
Here's what's likely to happen to Walgreens under private equity
Putting its many affairs in order will probably be easier as a private company, but there are still pitfalls — including a crushing load of debt.
Walgreens to be acquired by private-equity firm for $10 billion
The company will continue to operate under the name Walgreens and its headquarters will remain in the Chicago area.
Walgreens to Be Bought by Private Equity Firm in $10 Billion Deal
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.
Walgreens to be bought by private-equity firm Sycamore for $10B
After several months of rumors that Walgreens Boots Alliance would take itself private, the Deerfield-based pharmacy giant confirmed today that it will sell itself for an equity value of around $10 billion to New York-based private-equity firm Sycamore Partners.
Walgreens agrees to be acquired by private equity firm for almost $10B
A buyout to take the Deerfield-based drugstore chain private would give it more flexibility to make changes to improve its business without worrying about Wall Street’s reaction.
Walgreens to be acquired by private equity firm in $10 billion deal
The Deerfield-based company just announced it is selling to private equity firm Sycamore Partners. Amy Kane is a poster girl for trendy weight loss shots. The Liquor Control Board of Ontario will pull American-made alcohol from shelves in grocery stores, bars, and restaurants, amid Trump’s 25% tariff on Canadian imports.
Walgreens Stock Jumps. The Struggling Drugstore Chain Is Going Private.
The struggling drugstore chain operator said the deal is for $11.45 a share in cash, a 29% premium to its closing price on Dec. 9, before the first media reports of a potential tr
Walgreens to go private in roughly $10 billion deal
Walgreens and the private equity firm Sycamore Partners expect to close the take-private deal in the fourth quarter of this ...
Walgreens agrees to be acquired by private equity firm
Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling ...