· 2d · on MSN
Walgreens Is Going Private in a $10 Billion Deal After Being a Publicly Traded Company for Nearly a Century
Sycamore Partners to take Walgreens private in deal valued at $10B
Private equity firm Sycamore Partners has entered into a definitive agreement with Walgreens Boots Alliance to acquire the struggling retail pharmacy chain. | The confirmation follows weeks of speculation and rumors that Sycamore was planning to take over Walgreens and take the company private.
· 2d
Ticker: Sycamore Partners buys Walgreens in $10B deal
· 2d · on MSN
Stock market today: Wall Street is ending its wild week with what else but more swings
· 1d
Stock market today: Wall Street heads toward its worst week since 2022 as losses mount
Stock market today: Wall Street drifts lower after job report offers no big alarms and no surprises
A brutal week of big swings on Wall Street may be closing with modest moves. U.S. stocks are drifting lower after a highly anticipated report on the U.S. job market came in close to expectations. The S&P 500 fell 0.
Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money.
Drugstore chain Walgreens Boots Alliance Inc. is closing in on a roughly $10 billion deal to sell itself to Sycamore Partners, a private-equity firm, which would then take Walgreens private and likely break it up,
Walgreens Boots Alliance shares are jumping in premarket trading Tuesday, on a report that the troubled drugstore chain is nearing a deal with Sycamore Partners to be taken private for around $10 billion.
The Walgreens Boots Alliance Friday said the drug store chain is going private, acquired by private equity company Sycamore Partners in a $23.7 billion deal described as a "definitive agreement."
Next steps under Sycamore's watch could include a breakup of Walgreens' major units, meaning the multinational combo that once was touted as The Next Big Thing could now fall by the wayside.
NEW YORK (AP) — Wall Street is higher in late trading on Friday, but only after careening through another wild day. It's a fitting ending to a brutal week of scary swings dominated by worries about the U.S. economy and uncertainty about what President Donald Trump will do with tariffs.
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