U.S. pharmacy chain Walgreens in talks for sale to Sycamore Partners: report


By Xia Lin

NEW YORK, Dec. 10 (Xinhua) -- Walgreens, an American company that operates the second-largest pharmacy store chain in the United States, behind CVS Health, is in talks to sell itself to a private-equity firm in a deal that would take the pharmacy chain off the public market after its shares have been on a downward slide for nearly a decade.

"Walgreens Boots Alliance and Sycamore Partners have been discussing a deal that could be completed early next year, assuming talks don't fall apart," reported The Wall Street Journal on Tuesday.

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