tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Walgreens Boots Alliance Shareholders Approve Sycamore Acquisition

Story Highlights
Walgreens Boots Alliance Shareholders Approve Sycamore Acquisition

Elevate Your Investing Strategy:

Walgreens Boots Alliance ( (WBA) ) just unveiled an update.

On July 11, 2025, Walgreens Boots Alliance announced that its shareholders approved the acquisition by Sycamore Partners Management, L.P., with approximately 96% of votes in favor. The merger will result in Walgreens Boots Alliance becoming a wholly owned subsidiary of Sycamore, ceasing to be publicly traded. The transaction is expected to close in the third or fourth quarter of 2025, subject to regulatory approvals. This merger aims to enhance Walgreens’ turnaround strategy and strengthen its position in the pharmacy, retail, and health services sectors.

The most recent analyst rating on (WBA) stock is a Buy with a $16.00 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.

The overall stock score for Walgreens Boots Alliance is driven primarily by technical analysis and valuation. While the technical indicators suggest positive market sentiment, the financial performance remains weak, with negative earnings and high leverage. The attractive dividend yield offers some compensation for the risks.

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

More about Walgreens Boots Alliance

Walgreens Boots Alliance (Nasdaq: WBA) is a leading integrated healthcare, pharmacy, and retail company with a 175-year history. It operates approximately 12,500 locations across the U.S., Europe, and Latin America, playing a crucial role in the healthcare ecosystem by dispensing medicines, improving access to pharmacy and health services, and offering health and beauty products. The company employs around 312,000 people and is present in eight countries, with consumer brands such as Walgreens, Boots, Duane Reade, No7 Beauty Company, and Benavides.

Average Trading Volume: 8,869,627

Technical Sentiment Signal: Sell

Current Market Cap: $10.02B

Find detailed analytics on WBA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1