Sycamore Partners Is in Talks to Acquire Walgreens
Sycamore Partners is in talks to acquire struggling drugstore chain Walgreens Boots Alliance Inc., according to people familiar with the matter. Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersCloud Computing Tax Threatens Chicago’s Silicon Valley DreamA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectSan Francisco,
Walgreens has struggled lately due to declining prescription reimbursements and rising competition from Amazon and other ...
Walgreens will have more freedom to aggressively cut costs if it becomes privately owned, one industry analyst said. The company is reportedly in talks with Sycamore Partners.
The New York-based private equity firm has been having ongoing discussions about a deal to take Walgreens private, according ...
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