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Walgreens owner Sycamore nears $9 billion sale of Boots, WSJ reports
Source: reuters.com
M&A & RestructuringHealthcare & BiotechConsumer Demand & Retail
Sycamore Partners, owner of Walgreens, is reportedly close to selling British pharmacy chain Boots for about $9 billion, according to the Wall Street Journal. The potential transaction would represent a major restructuring of Walgreens' international retail pharmacy footprint and could affect valuations across the pharmacy and consumer-health retail sector.
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