The ultimate victor from the deal may be neither the Walgreens executives nor Sycamore, but Walgreens bondholders. It has ...

The company will continue to operate under the name Walgreens and its headquarters will remain in the Chicago area.

Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its ...

The Walgreens Boots Alliance Friday said the drug store chain is going private, acquired by private equity company Sycamore ...

Buyout shop Sycamore has made a massive bid for the storied pharmacy chain. It’s a banner deal. But why isn’t it going to a ...

Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling ...

Sycamore’s deal to take Walgreens private follows the storied chain’s decline amid e-commerce and health-industry changes.

Pharmacy chain Walgreens has agreed to be purchased by private equity firm Sycamore Partners. Premarket shares rose modestly.

Walgreens said Thursday that Sycamore will pay $11.45 per share, giving the deal an equity value just under $10 billion.

There are plenty of reasons to be skeptical that private equity will help Walgreens get out of turbulent times.

Walgreens Boots Alliance Inc. announced Thursday it has entered into a definitive agreement to be sold for $10 billion to ...