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 is heading down a risky path
There are plenty of reasons to be skeptical that private equity will help Walgreens get out of turbulent times.
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.
Walgreens to go private in $23.7B 'definitive agreement' with Sycamore Partners
The Walgreens Boots Alliance Friday said the drug store chain is going private, acquired by private equity company Sycamore Partners in a $23.7 billion deal described as a "definitive agreement."
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 agrees to go private, agreeing to be bought by equity firm Sycamore Partners
Sycamore Partners, a private equity firm, will buy Walgreens Boots Alliance at $11.45 per share as Walgreens will go private for the first time in decades.
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
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Walgreens to be acquired by Sycamore Partners
Walgreens Boots Alliance has announced it has entered into a definitive agreement to be acquired by an entity affiliated with ...
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