Walgreens to be bought by private equity firm Sycamore Partners | International Business News – The Times of India
Walgreens Boots Alliance has been acquired by private equity firm Sycamore Partners in a deal worth nearly $10 billion, as the retailer seeks to turn around its fortunes after years of financial difficulties but still couldn’t do it.Announcing the deal on Thursday, the pharmacy company said Sycamore would pay $11.45 per share, with the potential…