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Walgreens

Sycamore will pay US$11.45 per share for Walgreens Boots Alliance, a premium of 8 per cent to the stock’s closing price of US$10.60 on Thursday. Shares of the company rose nearly 6 per cent in extended trading.

Companies & Markets

Walgreens to be taken private by Sycamore in US$10 billion deal

WALGREENS Boots Alliance will be taken private by Sycamore Partners for US$10 billion, the buyout firm said on Thursday, closing out nearly a century of trading on public markets for the US pharmacy g...

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