Insight Report 15 minutes PremiumSycamore Partners To Acquire Walgreens Boots Alliance—Exploring the Reasons for and Implications of the $23.7 Billion Deal Aditya Kaushik, Analyst March 17, 2025 What's InsideEarlier this month, Walgreens Boots Alliance (WBA) announced that it has entered into a definitive agreement to be acquired by Sycamore Partners, a private-equity firm specializing in retail, consumer and distribution-related investments. Explore the reasons behind this decision and dive into our analysis of the implications of the proposed $23.7 billion deal. Data in this research report include: Proprietary survey data on what drugstores and pharmacies US consumers purchase from Revenues of the leading US drugstore and pharmacy chains, 2020–2024 Companies mentioned in this research report include: Amazon, Cigna Group, CVS Health, Kroger, Publix, Rite Aid, Sycamore Partners, UnitedHealth Group, Walgreens Boots Alliance, Walmart Other relevant research: US Drugstores—Retail 2025 Sector Outlook: Low-Single-Digit Sales Growth Amid a Focus on Cutting Costs Market Navigator: US Drugstore and Pharmacy Retailers—A Strong Focus on Healthcare Expansion in 2024 and Beyond Market Navigator: US Healthcare—Evolving To Become More Personalized and Consumer-Focused Discover more Coresight Research coverage of the drugstores sector. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Earnings Insights 4Q24, Week 7: Costco, Inditex and Puma Lead with Solid Fourth-Quarter GrowthAnalyst Corner: What’s Happening in Beauty Retail?—Analyzing Mixed Performance and Success Strategies with Madhav Pitaliya2025 Tariffs: Impacts on the US Consumer Economy—InfographicDeepSeek: The Chinese AI Startup That Has Overtaken ChatGPT on Apple’s App Store