Business, Finance & Tech

Walgreens to Go Private in $23.7 Billion Deal After Years of Decline

Name: Walgreens to Go Private in $23.7 Billion Deal After Years of Decline
Uploaded: 2025-03-06T18:11:07-08:00
Channel: NBC Palm Springs
Description: Walgreens Boots Alliance is set to become a private company in a $23.7 billion acquisition by Sycamore Partners, marking the end of nearly a century as a publicly traded company. The move follows years of financial struggles, store closures, and declining market value. Walgreens will continue operating under its existing brand while Sycamore seeks to revitalize its retail and healthcare strategy.

By: NBC Palm Springs

March 6, 2025

Walgreens Boots AllianceWalgreens privatizationSycamore PartnersWalgreens store closuresWalgreens stock declineretail acquisitionspharmacy industry

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