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Market Chatter: Walgreens Owner Sycamore Nears Deal to Sell Boots for $9 Billion

Market Chatter: Walgreens Owner Sycamore Nears Deal to Sell Boots for $9 Billion

MT newswireMT newswire2026/09/30 19:09
03:09 PM EDT, 09/30/2026 (MT Newswires) -- Walgreens owner Sycamore Partners is nearing a deal to sell Boots for nearly $9 billion, including debt, The Wall Street Journal reported Wednesday, citing people familiar with the matter. The private equity firm has been in talks to sell the UK pharmacy chain to the Canadian arm of the Weston family, the report said, citing the people, who added that a deal could be completed in the coming weeks. Sycamore Partners didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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