What Walgreens' $10 Billion Takeover Means for Store Closures
One expert told Newsweek that the takeover could result in even more store closures for the embattled pharmacy chain.
CBS News21d
Walgreens agrees to be acquired by private equity firm Sycamore Partners for nearly $10 billion
Walgreens has been a public company since 1927. Walgreens, founded in 1901, has been dealing with thin prescription reimbursement, rising costs, persistent theft and inflation-sensitive shoppers ...
The Financial Times20d
Walgreens executive looks to reassure Boots staff after Sycamore deal
A senior Walgreens Boots Alliance executive has moved ... Gallery’s unveiling of a portrait of Florence Boot, the wife of founder, in London. Sycamore and Pessina, who owns 17 per cent of ...
Fierce Healthcare21d
Sycamore Partners to take Walgreens private in deal valued at $10B
Sycamore has a history in the retail space, but the WSJ notes the Walgreens purchase is the largest deal it's made in this arena. Stefan Kaluzny, managing director of Sycamore Partners ...
Fast Company24d
Walgreens could go private in deal with Sycamore Partners
Walgreens’s three businesses—U.S. retail pharmacy, Boots UK, and U.S. healthcare—will be separated and have distinct capital structures, according to the report. Sycamore and Walgreens both ...