Does the Walgreens Boots Alliance have a future following $10bn mega sale?
Last week, Boots’ parent company Walgreens was acquired in a $10bn mega deal by private equity firm Sycamore Partners. Who are the brand’s new owners and where does the UK institution fit into its plans?
After months and years of speculation, one of the longest-running stories in retail was put to bed—at least for the time being. US-based private equity firm Sycamore Partners announced it had agreed a deal to snap up the Walgreens Boots Alliance last Thursday.
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