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What Sycamore’s $10bn WBA takeover means for the UK high street
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What Sycamore’s $10bn WBA takeover means for the UK high street
A $10bn (£7.4bn) takeover of Walgreens Boots Alliance (WBA) by Sycamore Partners has been officially approved, with 96% of shareholders voting in favour. This decisive vote underscores the significance of the deal, which is poised to transform a major entity at the intersection of retail and healthcare. Expected to close in the third or fourth quarter of 2025, the agreement will take WBA private, lifting the company out of the relentless pressur…
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