by Mike Duff | Aug 29, 2025 | Retail Articles
Sycamore Partners has completed its acquisition of Walgreens Boots Alliance (WBA), executed in partnership with WBA executive chairman Stefano Pessina and his family, who have reinvested 100% of their interests in WBA. Pessina is a major WBA shareholder. With the...
by Mike Duff | Jun 26, 2025 | Retail Articles
As it prepares to go private, Walgreens Boots Alliance beat third-quarter analyst estimates although retail comparable sales slipped 2.4%. Company loss was $175 million, or 20 cents per diluted share, versus net earnings of $344 million, or 40 cents per diluted share,...
by Mike Duff | Mar 10, 2025 | Retail Articles
Private equity firm Sycamore partners has acquired Walgreens Boots Alliance in a transaction estimated to total $23.7 billion. Walgreens shareholders will receive $11.45 per share in cash at the deal’s closing and one non-transferable right to receive up to $3 in cash...
by Mike Duff | Feb 7, 2022 | Retail Articles
Kohl’s Corp. has rejected the advice of activist investors and buy-out offers, adopted a poison pill and squared off against the firm leading the effort to reconstitute the company, Macellum Advisors. The Kohl’s board of directors has issued a statement...
by Mike Duff | Jan 25, 2022 | Featured News, Retail Articles
Kohl’s Corp. is in demand as bidders and investors clamor to change the shape of the company. Kohl’s has issued a short statement saying it “confirmed that it has received letters expressing interest in acquiring the company. The Kohl’s board of directors will...