Walgreens Boots’ Stefano Pessina to almost double stake after Sycamore takeover, FT reports

Walgreens Boots Alliance logo is seen in this illustration taken February 11, 2025. REUTERS
March 18 (Reuters) – Walgreens Boots Alliance’s (WBA.O),  executive chair Stefano Pessina will almost double his stake in the US pharmacy group to about 30% as part of its takeover by private equity group Sycamore, the Financial Times reported on Tuesday citing people familiar with the matter.

Reporting by Devika Nair in Bengaluru; Editing by Janane Venkatraman

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