10:22 AM EDT, 07/11/2025 (MT Newswires) -- Walgreens Boots Alliance ( WBA ) said Friday that its shareholders approved the acquisition of the company by entities affiliated with Sycamore Partners Management.

Walgreens shareholders will receive $11.45 per share in cash at closing of the deal, according to the company.

Additionally, they will get one non-transferable divested asset proceeds right for an additional $3 in cash per share on the monetization of Walgreens' debt and equity interests in Village MD.

The company expects to close the transaction in Q3 or Q4.

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