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BRIEF-Walgreens Boots Alliance Enters Into Definitive Agreement To Be Acquired By Sycamore Partners
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BRIEF-Walgreens Boots Alliance Enters Into Definitive Agreement To Be Acquired By Sycamore Partners
Mar 6, 2025 2:39 PM

March 6 (Reuters) - Walgreens Boots Alliance Inc ( WBA )

:

* WALGREENS BOOTS ALLIANCE ENTERS INTO DEFINITIVE AGREEMENT

TO BE

ACQUIRED BY SYCAMORE PARTNERS

* WALGREENS - TOTAL VALUE OF TRANSACTION REPRESENTS UP TO

$23.7

BILLION

* WALGREENS -WILL CONTINUE TO OPERATE UNDER WALGREENS, BOOTS

AND

ITS TRUSTED PORTFOLIO OF CONSUMER BRANDS

* WALGREENS: TRANSACTION AGREEMENT PROVIDES FOR A SO-CALLED

"GO-SHOP" PERIOD

* WALGREENS: INITIAL GO-SHOP PERIOD IS FOR 35 DAYS

* WALGREENS:DEAL FOR $11.45/SHARE IN CASH, ADDITIONAL

POTENTIAL

VALUE OF UP TO $3.00 IN CASH/WBA SHARE FROM FUTURE MONETIZATION

OF VILLAGEMD BUSINESSES

Further company coverage:

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