Walgreens’ market value had shrunk to less than US$8bil from more than US$100bil in the past decade before Sycamore’s ...

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.

A handful of major high-street brands will bid farewell to stores this month, including New Look and Select Fashion, which is ...

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