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Walgreens Stock Pops as Private Equity Lurks
WBAWalgreens Boots Alliance(WBA) Schaeffers Investment Research·2025-03-04 16:47

 Walgreens Boots Alliance Inc (NASDAQ:WBA) was last seen up 7.1% at 10.99,amidnewsthe embattleddrugstoregiant isnearinga10.99, amid news the embattled drugstore giant is nearing a 10 billion deal with private equity firm Sycamore Partners that would take it private, possibly as soon as Thursday. Per the Wall Street Journal, the firm would keep the core U.S. retail business and sell off or take public other parts of the company. Since the start of 2025, WBA is up 17.8%, cutting into its now 46.6% year-over-year deficit. The stock's record high of $97.30 was ...