Walgreens Boots Alliance (WBA) is now a private company after Sycamore Partners officially completed its purchase of the 124-year-old pharmacy chain. As part of this deal, Walgreens will no longer operate as a vertically integrated business on the Nasdaq (NDAQ). Instead, the company’s various segments — including Walgreens, The Boots Group, Shields Health Solutions, CareCentrix, and VillageMD — will now …
Read More »Shareholders of Walgreens Boots Alliance overwhelmingly approved the drugstore chain’s $10 billion acquisition by private equity firm Sycamore. It is a rough era for national pharmacy chains like Walgreens, CVS, and Rite-Aid, closing hundreds of stores due to changing consumer behavior, declining pharmacy reimbursements and rising costs. Walgreens will close more than 1,000 stores through 2027 and Rite-Aid filed for …
Read More »Walgreens Shareholders Approve $10 Billion Sycamore Partners Deal The Wall Street Journal Walgreens shareholders approve $10 billion private equity buyout Yahoo Finance Walgreens Boots Alliance Shareholders Overwhelmingly Approve Transaction with Sycamore Partners Walgreens Boots Alliance Walgreens shareholders approve buyout to Sycamore Partners Modern Healthcare Walgreens Merger with Sycamore: A Turnaround Play with Upside Potential AInvest Source link
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