The company will continue to operate under the name Walgreens and its headquarters will remain in the Chicago area.
Walgreens Boots Alliance is set to be acquired by buyout firm Sycamore Partners for $10 billion, going private. Here's what to know in Michigan.
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.
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.
Key Takeaways U.S. equities were mixed at midday as President Trump's tariffs and Nvidia's results impacted the market. A new report suggested a deal may be closer for private equity firm Sycamore Partners to buy Walgreens Boots Alliance.
Walgreens Boots Alliance Inc. shares rose Thursday morning after a report that a potential take-private deal from Sycamore Partners would lead to a breakup of the drugstore chain.
Walgreens Boots Alliance (WBA) shares soar on reports of a Sycamore Partners-led privatization and breakup plan. Explore the proposed deal's implications.
Here are some of the major companies whose stocks moved on the week’s news.
San Francisco District Attorney Brooke Jenkins is criticizing the release of a 28-year-old man accused of stealing over $16,000 worth of merchandise from a Walgreens store in the city's Noe Valley neighborhood in February.
Walgreens has agreed to pay $100 million to settle claims it overcharged insured customers for generic prescription drugs, with eligible customers able to file claims until April 17.