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What will be the outcome of Walgreens acquisition talks with Sycamore by June 30, 2025?
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Resolution / Starting Odds
Completed Sale • 25%
Talks Abandoned • 25%
Ongoing Negotiations • 25%
Other Outcome • 25%
Official announcements from Walgreens Boots Alliance Inc., Sycamore Partners, or major financial news outlets
Story
Walgreens Stock Jumps 17.74% on Potential Sale to Sycamore Partners
Dec 11, 2024, 01:02 PM
Walgreens Boots Alliance Inc. ($WBA) has experienced a significant surge in its stock price, jumping 17.74% on Tuesday, following reports that the company is in talks to sell itself to private equity firm Sycamore Partners. The Wall Street Journal reported that a deal could potentially be completed early next year, marking a significant turnaround for Walgreens, whose market cap has shrunk from over $100 million in 2015. This news comes amidst broader market movements, with Walgreens shares experiencing a pre-market drop of 1.6% after the previous day's gains. The potential acquisition by Sycamore Partners could be a strategic move to capture any remaining upside in the struggling drugstore chain, which has faced challenges in the retail sector.
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Sale completed • 33%
Negotiations fail • 33%
Negotiations extended • 34%
Sale completed • 25%
Sale abandoned • 25%
Sale to another party • 25%
No sale • 25%
Expansion of retail locations • 25%
Focus on digital transformation • 25%
Cost-cutting measures • 25%
Other strategic focus • 25%
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Under $8 billion • 25%
$8 billion to $10 billion • 25%
$10 billion to $12 billion • 25%
Over $12 billion • 25%
Increase by more than 10% • 25%
Increase by up to 10% • 25%
Decrease by up to 10% • 25%
Decrease by more than 10% • 25%