HealthExec March 4, 2025
A private equity firm is set to close a $10 billion Walgreens buyout, people familiar with the deal told the Wall Street Journal.
According to the report, the deal could be finalized before the end of the week, with terms involving Sycamore Partners taking ownership of the struggling pharmacy chain. Sycamore Partners is a New York-based firm whose portfolio includes Staples, Belk and Hot Topic.
Talks surrounding the pending buyout were first revealed in December 2024.
The details being ironed out involve Sycamore Partners paying between $11.30 and $11.40 per share for Walgreens, which...
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