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August 29, 2025

Deal inked to take Walgreens private

DEERFIELD, Ill. (AP) — The private equity firm Sycamore Partners has completed its acquisition of Walgreens, ending the drugstore chain's run as a publicly traded company.

Walgreens said Thursday that former Staples leader Mike Motz will become its new chief executive officer, replacing Tim Wentworth.


 
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