Follow Amelia Pollard ( @ameliajpollard) on X or ( @pollard.bsky.social) on Bluesky. Michela Tindera is on X ( @mtindera07) and Bluesky ( @mtindera.ft.com ), or follow her on LinkedIn for updates ...

US pharmacy giant Walgreens Boots Alliance is going private. Will the new owners sell off the high-street chemist?

Walgreens Boots Alliance is being acquired by a private-equity firm for about $10 billion, the retail pharmacy giant announced Thursday. An entity affiliated with Sycamore Partners will acquire ...

Walgreens has been attempting a financial turnaround for ... and would be sold to Sycamore Partners, a private equity firm. Less than a decade ago it was America’s largest drugstore chain, and its ...

The ultimate victor from the deal may be neither the Walgreens executives nor Sycamore, but Walgreens bondholders. It has ...

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 ...

Pessina, whose personal net worth has been hit by Walgreens’ declining value, has done similar deals in the past. In 2007, he teamed up with New York-based private-equity firm KKR to take his ...

NEW YORK — 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.

Walgreens Boots Alliance is being acquired by a private-equity firm for about $10 billion, the retail pharmacy giant announced Thursday. An entity affiliated with Sycamore Partners will acquire ...