Walgreens Boots Alliance: Sycamore Partners Takes Control with $18.4 Billion Deal
Deal News | Mar 09, 2025 | Home of Direct Commerce
Walgreens Boots Alliance (WBA) is set to be acquired by private equity firm Sycamore Partners for $18.4 billion. This acquisition follows months of speculation surrounding the ownership of the US-listed company. Such a deal is expected to have significant implications for WBA's operations, especially focusing on its 1800 pharmacy and optician outlets in the UK. The transaction may bring changes to the cost structure and management for these outlets, which collectively employ around 51,000 people.
Sectors
- Private Equity
- Pharmaceutical Retail
Geography
- United States – Walgreens Boots Alliance is listed in the US and the acquiring PE firm, Sycamore Partners, is based there.
- United Kingdom – Walgreens Boots Alliance operates 1800 pharmacy and optician outlets in the UK.
Industry
- Private Equity – Sycamore Partners is a private equity firm making a significant acquisition.
- Pharmaceutical Retail – Walgreens Boots Alliance operates thousands of pharmacy and optician outlets.
Financials
- US $18.4 billion – The acquisition deal value for Walgreens Boots Alliance by Sycamore Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Walgreens Boots Alliance | Target company | Company | A US-listed company operating a vast network of pharmacy and optician outlets. |
| Sycamore Partners | Bidding Company | Company | A US-based private equity firm acquiring Walgreens Boots Alliance. |