Pharmacy chain Walgreens has agreed to be purchased by private equity firm Sycamore Partners. Premarket shares rose modestly.

The nation’s second-largest pharmacy chain was already in the process of closing thousands of underperforming stores, adding ...

The ultimate victor from the deal may be neither the Walgreens executives nor Sycamore, but Walgreens bondholders. It has ...

Walgreens Boots Alliance will be taken private by Sycamore Partners in a $10 billion deal, the companies announced Thursday, ...

The struggling retail pharmacy chain entered an agreement to be purchased by private equity firm Sycamore Partners, which ...

There are plenty of reasons to be skeptical that private equity will help Walgreens get out of turbulent times.

The company will continue to operate under the name Walgreens and its headquarters will remain in the Chicago area.

Putting its many affairs in order will probably be easier as a private company, but there are still pitfalls — including a ...

One expert told Newsweek that the takeover could result in even more store closures for the embattled pharmacy chain.

Katrina Ortblad, ScD, MPH, Fred Hutch Cancer Center, collaborates with researchers from the Kenya Medical Research Institute ...

It's unclear what the deal will mean for the 1,800 Boots shops but it could trigger an auction of the business.

CVS has shuttered a whopping 900 locations, and in January, the company announced that it would also be scaling back its ...