A buyout of Walgreens Boots Alliance (WBA) would set the stage for a three-way split of the company, with Executive Chair Stefano Pessina keeping a notable stake under the agreement, Financial Times reported Thursday, citing sources with knowledge of the details.
The funding for taking the company private is not expected to be difficult following weeks of deal discussions with Sycamore Partners, the sources reportedly said.
Walgreens did not immediately respond to MT Newswires' request for comment, while Sycamore Partners and Pessina declined to comment, according to the report.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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