Walgreens News

Sycamore Partners to Privatize Walgreens in a Historic $24 Billion Deal

Walgreens Boots Alliance is set to be privatized by Sycamore Partners in a deal worth up to $23.7 billion, ending its nearly 100 years as a publicly traded company. The agreement i...

Walgreens on the Brink of a $10 Billion Private Equity Takeover

Walgreens Boots Alliance Inc. is reportedly nearing a $10 billion deal with Sycamore Partners to go private. The deal, aiming for completion by Thursday, could see Sycamore paying ...

Walgreens Faces a Potential Three-Way Split in Landmark Buyout Deal

Walgreens Boots Alliance Inc. may undergo a significant transformation with a potential buyout by Sycamore Partners, leading to a strategic split into three main businesses: Walgre...

Walgreens Faces Potential Three-Way Split in Blockbuster Sycamore Partners Buyout

Walgreens Boots Alliance Inc. is reportedly considering a buyout by Sycamore Partners that could lead to the company being split into three separate units: Walgreens U.S. retail, B...

Walgreens Stock Plummets Over 12% Following DOJ Opioid Lawsuit

Walgreens Boots Alliance Inc.'s shares fell over 12% after the DOJ filed a lawsuit accusing it of dispensing prescriptions for opioids without a legitimate medical purpose, potenti...

Walgreens Faces Nationwide Lawsuit Over Alleged Unlawful Prescription Practices

The U.S. Department of Justice has filed a lawsuit against Walgreens for allegedly dispensing millions of prescriptions without a legitimate medical purpose, including excessive qu...

Walgreens Shares Surge 25% Following Stellar Q1 Sales Performance

Walgreens Boots Alliance Inc. experienced a 25% surge in its shares following a strong Q1 performance, with sales revenue up 7.5% year-over-year to $39.5 billion. CEO Tim Wentworth...

Walgreens Faces a Staggering Q1 Net Loss of $265M Amidst Challenging Times

Walgreens Boots Alliance Inc. has reported a Q1 net loss of $265 million, a significant increase from the previous year's $67 million loss. This development underscores the challen...

Walgreens in Advanced Talks to Sell Itself to Sycamore Partners

Walgreens Boots Alliance Inc. is reportedly in talks to sell itself to New York-based private equity firm Sycamore Partners, a move that could take the company private after a deca...