Walgreens Boots Alliance may sell its entire stake in doctor-staffed clinic operator VillageMD, which has already cost the drugstore giant billions of dollars. “The company is currently evaluating a variety of options with respect to VillageMD in light of ongoing investments by the company in VillageMD’s businesses and VillageMD’s substantial ongoing and expected future cash requirements,” Walgreens said in a filing Wednesday with the U.S. Securities and Exchange Commission. “These options could include a sale of all or part of the VillageMD businesses, possible restructuring options and other strategic opportunities.”
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Source: https://www.forbes.com/sites/brucejapsen/2024/08/07/walgreens-may-sell-off-entire-stake-in-clinic-operator-villagemd/