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Will Sycamore Partners secure financing for Walgreens acquisition by February 28, 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Financial disclosures or announcements from 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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Yes • 50%
No • 50%
Completed Sale • 25%
Talks Abandoned • 25%
Ongoing Negotiations • 25%
Other Outcome • 25%
Sale completed • 25%
No sale • 25%
Sale to another party • 25%
Sale abandoned • 25%
Other Outcome • 25%
Remains Public • 25%
Merged with Another Company • 25%
Goes Private • 25%
