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Report: Walgreens In Talks To Go Private
Forbes December 10, 2024
Walgreens Boots Alliance is considering a sale to private equity firm Sycamore Partners, according to a new report.
A three-byline “exclusive” story posted Tuesday in the Wall Street Journal comes with the drugstore giant’s stock suffering following a disastrous investment by former management in physician-staffed clinic operator VillageMD.
The newspaper said Walgreens parent and Sycamore Partners have been “discussing a deal that could be completed early next year, assuming talks don’t fall apart,” the story said, citing “people familiar with the matter.”
Such reports have emerged in the past and never turned out in the form of an actual deal or sale. There’s also been speculation in recent years that Walgreens would spin off, sell or take private its...
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