Shareholders of Walgreens Boots Alliance overwhelmingly approved the drugstore chain's $10 billion acquisition by private ...

Walgreens previously said it was withdrawing its fiscal-year outlook after reaching a take-private deal with Sycamore Partners.

The transaction, expected to close in Q3 or Q4, will take the company private after nearly 100 years as a public company.

Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around ...

A buyout to take the drugstore chain private would give it more flexibility to make changes to improve its business without worrying about Wall Street’s reaction.

Walgreens is going private in a deal valued at $24 billion, aiming for a major turnaround as it struggles with store closures, debt, and shifting shopper habits.

Walgreens CEO Tim Wentworth confirmed in January that a sale process for the business was underway. Including debt, the value of the deal is just under $24 billion, the company said.

Walgreens CEO Tim Wentworth confirmed in January that a sale process for the business was underway. Including debt, the value of the deal is just under $24 billion, the company said.