Becker's Healthcare January 27, 2025
Sources told CNBC’s David Faber that a private equity firm’s prospective deal to acquire Walgreens Boots Alliance is “mostly dead,” The Wall Street Journal reported Jan. 27.
Five things to know:
1. The Journal reported in December that Walgreens was in talks to sell itself to Sycamore Partners and become private. The news outlet reported at the time that the deal could be wrapped as early as in 2025.
2. The Justice Department on Jan. 16 sued Walgreens and its subsidiaries alleging unlawful dispensation of millions of prescriptions in violation of the Controlled Substances Act. That lawsuit potentially complicated talks between Walgreens and the...
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