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Walgreen Co. To Operate as Private Standalone Company Following Acquisition By Sycamore Partners

1. Walgreens has become a private standalone company after Sycamore Partners' acquisition. 2. Stefano Pessina and family have reinvested fully, showing strong commitment.

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FAQ

Why Bearish?

The transition to a private company could lead to reduced transparency and investor accessibility, possibly impacting WBA's stock appeal.

How important is it?

The acquisition marks a substantial shift in Walgreens' operations, which could influence investor sentiment and stock performance.

Why Long Term?

The long-term effects on WBA’s market presence and financial performance will take time to materialize post-acquisition.

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WBASYCPCVS
DEERFIELD, Ill.--(BUSINESS WIRE)--Walgreen Co. (“Walgreens”, or the “Company”), America's leading independent retail pharmacy, announced today that it is now operating as a private standalone company following its acquisition by Sycamore Partners (“Sycamore”), a leading private equity firm based in New York. Sycamore is acquiring the business in partnership with Stefano Pessina and his family, who have reinvested 100% of their interests in Walgreens, demonstrating their ongoing support and conf.

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