A well-known drugstore chain is going private in a potential billion dollar agreement. 'Walgreens Boots Alliance' closed a deal valued at nearly $24-billion.

Walgreens Boots Alliance has entered into a definitive agreement to be acquired by an entity affiliated with private equity firm Sycamore Partners for up to $23.7 billion.

There are plenty of reasons to be skeptical that private equity will help Walgreens get out of turbulent times.

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Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money.

Walgreens disclosed Thursday that it agreed to be acquired by Sycamore Partners, a private equity firm, for $23.7 billion.

Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling ...

Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money.

From Monaco, Stefano Pessina built a retailer valued at about $100 billion. It agreed to go private this week for roughly $10 ...

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