Walgreens Boots Alliance To Be Acquired By Private Equity Firm Sycamore Partners In Deal Valued At $23 Billion

Walgreens Boots Alliance (WBA) entered into a definitive agreement to be acquired by an entity affiliated with Sycamore Partners (Sycamore), a private equity firm specializing in retail, consumer and distribution-related investments. The total value of the transaction represents up to $23.7 billion. The transaction is expected to close in the fourth quarter calendar year 2025 subject to customary closing conditions, including approval by WBA shareholders and regulatory approvals. After the transaction closes WBA will become a private company.

WBA will maintain its headquarters in the Chicago area and continue contributing to the communities in which it operates. It . . .