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Walgreens nearing $10B deal to go private with Sycamore: WSJ
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Walgreens Boots Alliance (WBA) is reportedly nearing a $10 billion deal to go private through an acquisition from private equity firm Sycamore Partners, according to the Wall Street Journal. The drugstore chain's stock is seeing gains of 5% in Tuesday's pre-market trading.
Yahoo Finance senior health reporter Anjalee Khemlani weighs in on Walgreens' valuation and how this deal may end up splitting up its business units.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Luke Carberry Mogan.
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