Becker's Healthcare January 28, 2025
Walgreens Boots Alliance’s prospective sale to a private equity firm is “mostly dead,” sources told CNBC’s David Faber, according to a Jan. 27 report from The Wall Street Journal.
Here are five things to know:
1. In December, the Journal reported that Walgreens could sell itself to private equity firm Sycamore Partners and become private in 2025.
2. According to the Journal, the deal was complicated by a lawsuit filed by the Justice Department on Jan. 16 alleging Walgreens and its subsidiaries unlawfully dispensed millions of prescriptions in violation of the Controlled Substances Act.
3. The news follows clinic closures across multiple states in 2025. In October, Walgreens announced in its fiscal fourth-quarter...