
Walgreens to Go Private in Roughly $10 Billion Deal
Walgreens and private equity firm Sycamore Partners have announced a deal to take the struggling drugstore chain private. The transaction, valued at approximately $10 billion in equity, is expected to close in the fourth quarter of this year. Sycamore will acquire Walgreens for $11.45 per share in cash, with shareholders potentially receiving up to $3…