Private equity buyout could lead to Walgreens breakup: reports

 A rumored private equity buyout of Walgreens could lead the company to be split up, according to media reports.

People familiar with the discussions told the Financial Times that a buyout from Sycamore Partners, a firm that has a historical interest in retailers, would "set the stage for a three-way break-up." Sycamore is looking to split the three main divisions at Walgreens into their own segments, including their own capital structures.

This would create independent business for the U.S.-based Walgreens Pharmacy, U.K.-based Boots and Shields Health Solutions, a specialty pharmacy, according to the report.

https://www.fiercehealthcare.com/retail/private-equity-buyout-could-lead-walgreens-breakup-reports