, WBA
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Date: | --/--/-- --:--:-- |
Event Id: | E5D4Y9YIK |
Action Type: | ACQUISITION |
Action Status: | ANNOUNCED |
Acquirer Symbol: | |
Target Symbol: | WBA |
Updated: | --/--/-- --:--:-- |
Purchase Price Per Share: | 11.45 |
Price Per Share Currency: | USD |
News References: | https://www.businesswire.com/news/home/20250306492146/en/ |
Action Notes
Walgreens Boots Alliance (WBA) has entered into a definitive agreement to be acquired by an entity affiliated with Sycamore Partners. WBA shareholders will receive total consideration consisting of $11.45 per share in cash at closing of the transaction and one non-transferable right to receive up to $3.00 in cash per WBA share from the future monetization of WBA's debt and equity interests in VillageMD. There will a go-shop period of 35 days. The transaction is expected to close in Q4 2025, subject to customary closing conditions, including approval by WBA shareholders (including a majority of votes cast by WBA shareholders unaffiliated with Mr. Pessina or Sycamore) and the receipt of required regulatory approvals.