Walgreens Selling to Private Equity

[projektreverb]

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https://www.wsj.com/business/deals/walgreens-sycamore-partners-private-equity-deal-5d14c920M

Looks like the end might be near for Walgreens. We all know private equity likes to gut everything they touch.

 

[Pronounce Doxazosin]

If this goes through, WAG (and retail pharmacy as a whole) is going to be in a rough shape

 

[projektreverb]

If this goes through, WAG (and retail pharmacy as a whole) is going to be in a rough shape

Right. Private equity likes to sell of the profitable parts of companies and let the remaining die off

 

[clarkbar]

Haven't done anything with walgreens since rotations. Shocked such a behemoth can't make retail pharmacy work. Is this PBM mail order restrictions vis-a-vis Caremark and United Health? Even with crap reimbursments, I can't see how this company can't be doing better.

 

[Pronounce Doxazosin]

It’s official

https://www.cnn.com/2025/03/06/economy/walgreens-private-deal?Date=20250306&Profile=cnnbrk&utm_content=1741301656&utm_medium=social&utm_source=twitter

The end is near

 

[projektreverb]

I feel bad for those that stuck at Walgreens. I’m so glad I left when I did in 2020.