Reported 1 day ago
Stefano Pessina, the executive chair of Walgreens Boots Alliance, is set to nearly double his ownership stake in the company to around 30% as part of a $10 billion acquisition by Sycamore, according to the Financial Times. Pessina, who currently holds a 17% stake, will invest additional funds into Walgreens, while also enhancing his involvement ahead of a potential restructuring into separate business units.
Source: YAHOO