Published on 13 Dec 2024 on Benzinga
Walgreens Boots Alliance, Inc. WBA stock is trading higher on Friday following a report from Sky News indicating that Sycamore Partners has approached various potential lenders to fund a possible acquisition of the company.
The Details: If a potential acquisition goes through, Sycamore would acquire and take private one of the largest providers of retail pharmacy services in the United States and Britain. A source in the industry told Sky News that Sycamore is likely to sell both Boots and VillageMD.