Walgreens is Close to a Privatization Deal

The price of the deal is still being negotiated with Sycamore but could be finalized by March 6, 2025. Walgreens Boots is close to a deal with private equity firm Sycamore Partners, which intends to take the struggling pharmacy chain private for around $10 billion. The parties aim to complete the deal by March 6, 2025, provided the talks do not falter. According to information, Sycamore plans to pay between $11.30 and $11.40 per share in cash. The deal could also include contingent value rights that would increase the value if certain targets...