Loading...
Loading...
Browse all stories on DeepNewz
VisitWhat will be Walgreens' strategic focus post-acquisition by Sycamore Partners by December 31, 2025?
Expansion of retail locations • 25%
Focus on digital transformation • 25%
Cost-cutting measures • 25%
Other strategic focus • 25%
Official announcements from Walgreens or Sycamore Partners, major financial news outlets
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.
View original story
Other Outcome • 25%
Completed Sale • 25%
Talks Abandoned • 25%
Ongoing Negotiations • 25%
Goes Private • 25%
Other Outcome • 25%
Merged with Another Company • 25%
Remains Public • 25%
No • 50%
Yes • 50%
Cost-cutting and restructuring • 25%
Focus on e-commerce growth • 25%
Expansion in Latin America • 25%
Expansion in North America • 25%
No sale • 25%
Sale completed • 25%
Sale abandoned • 25%
Sale to another party • 25%
CFO change • 25%
Both CEO and CFO change • 25%
No major changes • 25%
CEO change • 25%
Below $5 billion • 25%
Above $15 billion • 25%
$10 billion to $15 billion • 25%
$5 billion to $10 billion • 25%
Expansion of physical stores • 25%
Focus on luxury segment • 25%
Diversification into new markets • 25%
Enhancement of online presence • 25%
Yes • 50%
No • 50%
Sale completed • 33%
Negotiations extended • 34%
Negotiations fail • 33%