Reported 2 days ago
Walgreens Boots Alliance has finalized a $10 billion deal with Sycamore Partners to take the pharmacy chain private after extensive negotiations. Shareholders are set to receive $11.45 per share in cash as part of the agreement. The acquisition aims to help Walgreens streamline operations and recover from competitive pressures within the retail pharmacy landscape, echoing similar trends seen in the industry.
Source: YAHOO