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Boots owner in negotiations with US private equity firm
The Independent
|December 12, 2024
Walgreens, the US-based owner of Boots, is in talks to sell itself to a private equity company, casting uncertainty over the future of the venerable high street chain.
Walgreens could be bought out by Sycamore Partners, a US firm that owns the stationary brand Staples, according to The Wall Street Journal.
The potential sale comes following a difficult time for Walgreens. Its shares have tumbled from more than $25 apiece in January to just over $10 today. The value of the company has been on a downward trend since 2015 when its shares traded at more than $95.
Diese Geschichte stammt aus der December 12, 2024-Ausgabe von The Independent.
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