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 Sycamore Partners in a deal valued at $23.7 billion. Sycamore Partners is a private equity firm specializing in retail, consumer and distribution-related investments.
Walgreens agrees to be acquired by private equity firm Sycamore Partners for nearly $10 billion
Walgreens said Thursday that Sycamore will pay $11.45 per share, giving the deal an equity value just under $10 billion. Shareholders could eventually receive up to another $3 per share under certain conditions.
Walgreens Boots Alliance has entered into a definitive agreement to be acquired by an entity affiliated with private equity firm Sycamore Partners for up to $23.7 billion.
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.
The US owners of Boots have agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself ...
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