Walgreens is weighing a potential sale to a private equity firm, according to a report in The Wall Street Journal. The pharmacy giant is in talks with Sycamore Partners for a deal that would take the company private following years of financial woes. People familiar with the conversations told the WSJ the deal could come together early next year should discussions prove fruitful. Sycamore has been better known of late for smaller deals, the WSJ reported, and the New York-based firm focuses on investments in the retail and consumer spaces. It would likely sell of parts of Walgreens, sources told the outlet, or “work with partners.”
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Source: https://www.fiercehealthcare.com/retail/walgreens-talks-sale-pe-firm-wsj