Walgreens Boots Alliance Announces Merger with Sycamore Partners Affiliate

New activity is brewing for Walgreens Boots Alliance ( (WBA) ). The company has submitted a Form DEFM14A to the SEC, indicating an upcoming shareholder vote. This form gives shareholders all the information they need to develop an informed vote. Read on to learn more about the proposed company action.

On March 6, 2025, Walgreens Boots Alliance, Inc. announced a merger agreement with Blazing Star Parent, LLC, and its affiliates, which are managed by Sycamore Partners Management, L.P. The merger, subject to approval at a special stockholder meeting on July 11, 2025, will result in Walgreens Boots Alliance becoming a wholly owned subsidiary of Blazing Star Parent. The board of directors, excluding two recused members, has unanimously approved the merger, considering it beneficial for the company and its stockholders. The merger agreement requires a majority vote from both the outstanding shares and the unaffiliated stockholders. If completed, each share of common stock will be converted into cash and a divested asset proceed right. This merger is expected to have significant implications for the company’s future operations and market positioning.

The most recent analyst rating on (WBA) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on Walgreens Boots Alliance stock, see the WBA Stock Forecast page.

Spark’s Take on WBA Stock

According to Spark, TipRanks’ AI Analyst, WBA is a Neutral.

Walgreens Boots Alliance’s financial performance is the primary concern, with negative profit margins and high leverage posing significant risks. While there are some recovery signs in cash flow, the technical analysis is cautiously optimistic, indicating potential for slight upward movement. The valuation presents a mixed picture with a negative P/E ratio but a high dividend yield. These factors collectively result in a moderate overall score.

To see Spark’s full report on WBA stock, click here.

More about Walgreens Boots Alliance

Walgreens Boots Alliance, Inc. operates in the retail pharmacy industry, offering a wide range of health and wellness products and services. The company is known for its extensive network of retail pharmacy chains, providing prescription drugs, health and wellness products, and related services to consumers primarily in the United States and Europe.

Average Trading Volume: 14,733,984

Technical Sentiment Signal: Sell

Current Market Cap: $9.73B

For an in-depth examination of WBA stock, go to TipRanks’ Stock Analysis page.