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What will be the outcome of Walgreens' negotiations with Sycamore Partners by June 30, 2025?
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Resolution / Starting Odds
Sale completed • 33%
Negotiations fail • 33%
Negotiations extended • 34%
Official press releases from Walgreens or Sycamore Partners, or major financial news outlets
Story
Walgreens Shares Surge Over 26% as It Enters Advanced Talks to Go Private with Sycamore Partners
Dec 10, 2024, 05:41 PM
Walgreens Boots Alliance Inc. is reportedly in advanced talks to sell itself to private equity firm Sycamore Partners, a deal that would take the pharmacy chain off the public market and could close early next year. The news caused Walgreens shares to surge over 26% before trading was halted due to volatility. Once a component of the Dow Jones Industrial Average and valued at over $100 billion in 2015, Walgreens now has a market capitalization of under $8 billion. The discussions indicate a significant shift for one of America's largest pharmacy chains amid ongoing industry challenges.
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Similar markets
Completed Sale • 25%
Talks Abandoned • 25%
Ongoing Negotiations • 25%
Other Outcome • 25%
Yes • 50%
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Sale completed • 25%
Sale abandoned • 25%
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Accepted without modifications • 25%
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Rejected • 25%
No decision made by deadline • 25%
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Decrease by more than 10% • 25%