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Report: Walgreens Boots Alliance to be Split Three Ways Following Buyout

Private equity firm Sycamore Partners will split the company into three units separating its US and UK retail pharmacies and its healthcare business if a privatisation bid is successful, the Financial Times reports.
Walgreens Boots Alliance Inc. has begun a strategic review of its Boots drugstore business, chief executive officer Rosalind Brewer said.
Walgreens' executive chairman Stefano Pessina is expected to maintain a significant share of the company. (Shutterstock)

Sycamore Partners is planning a three-way split of Walgreens Boots Alliance if a deal to take the struggling pharmacy chain private is reached, the

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