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 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 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 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 Sold To Private Equity Firm In Up To $23.7B Deal
Walgreens said shareholders will get of $11.45 per share in cash, an equity value just under $10 billion, the Associated Press reported. "While we are making progress against our
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 Boots Alliance sold to private equity firm Sycamore Partners
It's unclear what the deal will mean for the 1,800 Boots shops but it could trigger an auction of the business.
Will private equity kill Walgreens?
There are plenty of reasons to be skeptical that private equity will help Walgreens get out of turbulent times.
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 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 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 Boots Alliance (WBA) Secures $10 Billion Deal to Go Private
Struggling U.S. pharmacy chain Walgreens Boots Alliance (WBA) has finalized a deal that will see it bought by private equity ...
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 ...