Update: Market Chatter: Walgreens in Talks to Be Acquired by Sycamore Partners; Walgreens Shares Rise-February 2024-www.financetom.com

Update: Market Chatter: Walgreens in Talks to Be Acquired by Sycamore Partners; Walgreens Shares Rise

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Update: Market Chatter: Walgreens in Talks to Be Acquired by Sycamore Partners; Walgreens Shares Rise

Dec 10, 2024 11:11 AM

01:54 PM EST, 12/10/2024 (MT Newswires) -- (Updates to include the stock movement in the headline and the third paragraph.)

Walgreens Boots Alliance ( WBA ) is in talks to be acquired by private-equity firm Sycamore Partners, The Wall Street Journal reported Tuesday, citing people familiar with the matter.

Walgreens did not immediately reply to a request for comment from MT Newswires.

The company's shares rose nearly 20% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 10.61, Change: +1.76, Percent Change: +19.89

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