On March 6, 2025, Walgreens Boots Alliance, Inc. (Nasdaq: WBA) entered into a definitive agreement to be acquired by New York‑based private equity firm Sycamore Partners in a take‑private transaction valued at up to $23.7 billion in total consideration. Under the terms of the deal, WBA shareholders received $11.45 per share in cash at closing plus a non‑transferable right to receive up to an additional $3.00 per share from the future monetization of Walgreens’ interests in