Walgreens Exits Public Market
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Health
Walgreens to go private in $10 billion deal with Sycamore Partners
66% Informative
Walgreens is going private in a deal with Sycamore Partners , following the drugstore chain at approximately $10 billion .
The company's market cap had fallen below $8 billion by late 2024 due to competition from CVS grocery chains, big box retailers and Amazon .
The exit marks the end of its nearly century long run as a publicly traded company.
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