Walgreens Is in Talks to Sell Itself to Private-Equity Firm Sycamore Partners -- WSJ
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It is rumored that Walgreens Boots Alliance (WBA.US) might "sell itself" to the private equity firm Sycamore.
USA chain pharmacy Walgreens may be sold to private equity firm Sycamore, and the stock price surged.
Stock prices surged nearly 18%! The USA chain pharmacy giant Walgreens is reportedly in talks with a private equity firm for a sale.
Reports indicate that WBA is in discussions with private equity firm Sycamore for a potential sale. If the acquisition is successful, this American pharmacy retail giant could be (Delisted), and acquiring WBA would become the largest deal in Sycamore's history. Following this news, on Tuesday during Regular Trading Hours, WBA's stock price surged over 23%. It is noteworthy that WBA's Market Cap has shrunk from a peak of over 100 billion USD in 2015 to less than 10 billion USD today.
