Walgreens Boots Alliance has announced it has entered into a definitive agreement to be acquired by an entity affiliated with Sycamore Partners in a deal valued at $23.7 billion.
Sycamore Partners is a private equity firm specializing in retail, consumer and distribution-related investments.
The transaction is expected to close in the fourth quarter subject to customary closing conditions, including approval by WBA shareholders and after a “go-shop” period.
