Forbes September 2, 2025
Bruce Japsen

With Walgreens no longer pursuing a primary care strategy under its new owner, VillageMD is looking for new buyers for potentially hundreds of doctor practices and outpatient clinics across the country.

VillageMD, which was sold to private equity firm Sycamore Partners last week in the $10 billion takeover of Walgreens, has hundreds of physician practices, outpatient health centers, urgent care sites and clinics adjacent to Walgreens stores. VillageMD now operates as a standalone company that Walgreens investors hope will fetch a high sale price given the financial terms of the company’s sale to Sycamore.

“In addition to their cash consideration of $11.45 per (Walgreens Boots Alliance) share, WBA shareholders will receive one non-transferable right to receive up to an additional...

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