The Financial Times is reporting that Walgreens Boots Alliance would be split three ways if Sycamore Partners buys out the pharmacy chain.
The US pharmacy chain is allegedly finally closing in on a deal with American private equity firm Sycamore Partners, after talks originally began last year
Walgreens is one of the most well-known drugstore chains in the U.S., having become American families' go-to place to obtain prescription and non-prescription medication since 1901. From opening the first Walgreens location nearly 124 years ago to inventing the first malted milkshake in 1922 and going public in 1927,
Shares of Walgreens Boots Alliance (NASDAQ:WBA) were launched higher in Thursday’s premarket on reports that Sycamore Partners plans to break the company into three separate pieces after taking the entire company private.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results