Walgreens Concludes Public Trading Era with Landmark Acquisition

The chapter on Walgreens Boots Alliance as a publicly traded entity has officially closed. In August 2025, the company was acquired by private equity firm Sycamore Partners in a deal valued at approximately $10 billion. This transaction precipitated the removal of Walgreens stock from the Nasdaq exchange, and it subsequently exited major indices, including the S&P 500 and the Dow Jones Industrial Average.

The imperative for this strategic shift was underscored by the company’s final financial disclosures as a public entity. For the third quarter of 2025, Walgreens reported revenue of $39.0 billion, marking a 7.2 percent increase. However, this top-line growth masked significant underlying issues, as earnings per share plummeted from a Read more...