Home Health Care News March 7, 2025
A prediction from an analyst, in January, that called the sale of Walgreens Boots Alliance Inc. (Nasdaq: WBA) to the PE firm Sycamore Partners “less likely” has been proven false, as news emerged that a deal has been inked.
On Thursday, Walgreens announced that it entered into an agreement to be acquired by Sycamore Partners. The total value of the transaction represents up to $23.7 billion, according to a company press statement.
This marks the latest chapter for Walgreens, which is among the major retail companies – such as Best Buy, Amazon and Walmart – that in recent years have made plays into the home-based care segment.
The company’s eponymous brand is one of the largest retail companies in the...
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