Walgreens Boots Alliance up 8% premarket on KKR interest

Walgreens Boots Alliance (NASDAQ:WBA) is up 8% premarket on modest volume in apparent reaction to a report that KKR (NYSE:KKR) has approached it about a buyout.

Shares rallied last week over reports that private-equity shops were circling.

Update: Bloomberg reports that KKR is preparing a proposal to take WBA private, although no final decisions have been made.

https://seekingalpha.com/news/3517511-walgreens-boots-alliance-8-percent-premarket-kkr-interest