News

Walgreens Boots Alliance (WBA) Announces Definitive Agreement to be Acquired by Sycamore Partners
Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is one of the 13 Most Undervalued Retail Stocks to Buy Right Now. Walgreens Boots Alliance, Inc. (NASDAQ:WBA) announced a definitive agreement to be ...
Walgreens’ lost decade: How M&A mania and retail neglect shrunk a $100 billion giant to a $10 billion private equity gamble
As Walgreens exits Wall Street after 98 years, its new owners face a daunting turnaround. Will a renewed focus on its ...
Walgreens Boots Alliance: Voting 'For' Is The Best Remaining Option
Walgreens Boots Alliance (WBA) to be acquired by Sycamore Partners at $11.45/share plus potential extras. Explore shareholder ...
Richmond BizSense5d
Rite Aid planning to close store at Broad and Belvidere
Amid its ongoing bankruptcy, Rite Aid is shutting down a long-running outpost at a prominent city crossroads. The drugstore ...
Boots UK sees profit soar after closing 334 stores
Newly disclosed figures show that Boots UK's revenue climbed to £7.3bn in the 12 months leading up to 31 August, 2024, rising ...
Times Union21d
Public health and private equity: What the Walgreens buyout could mean for the future of pharmacy care
Against that backdrop, Sycamore Partners’ March acquisition of Walgreens raises big questions. What does Sycamore see in this investment, and what might their strategies imply about the future of ...
NJBIZ1mon
Walgreens’ latest closures include 2 NJ stores
The proposed acquisition comes as rival Rite Aid plans to close all of its 1,200-plus stores nationwide after filing for Chapter 11 bankruptcy protection. Walgreens, CVS Pharmacy, Kroger ...
The Boston Globe1mon
Warren presses Walgreens’ private equity buyer to protect pharmacy access in Mass.
and whether it plans to sell real estate from closed locations. Warren also asked whether the company intends to fire Walgreens employees in the acquisition. and urged it to not accept payouts ...
GlobeSt.com3mon
Walgreens Acquisition Sets Stage for Major Retail Real Estate Changes
Sycamore may continue or accelerate the existing store rationalization plan, which involves ... with leases nearing expiration. The acquisition comes as Walgreens faces financial challenges ...
Newsweek3mon
What Walgreens' $10 Billion Takeover Means for Store Closures
Walgreens' parent company told Newsweek that it had no additional information regarding the potential effects of the acquisition beyond ... "an even more aggressive plan to close stores." ...
Investing3mon
Walgreens acquisition by Sycamore Partners leads to S&P negative CreditWatch
Investing.com -- Walgreens Boots Alliance (NASDAQ:WBA) Inc. has announced a definitive agreement with Sycamore Partners for an acquisition deal worth $23.7 billion, although the financing plans remain ...
The Spokesman-Review3mon
Walgreens to be acquired by private-equity firm for $10 billion
Under the terms of the deal, shareholders are to receive $11.45 per share when the acquisition ... with plans to put Village Medical clinics in 1,000 of its stores by 2027. Walgreens later ...