--A buyout of Walgreens Boots Alliance would lead to a three-way break-up of the pharmacy chain, the Financial Times reported, citing unnamed sources.

--The FT report comes after The Wall Street Journal said in December that Walgreens was in talks with private-equity firm Sycamore Partners to take the company private.

--The company would initially be taken private as a whole, and Sycamore would then separate its three main businesses into their own units with distinct capital structures, according to the FT report. The three businesses are its U.S. pharmacy retail wing, the U.K.-based chemist and retail group Boots and speciality pharma unit Shields Health Solutions.

--Sycamore declined to comment for FT's story and Walgreens didn't immediately respond to a request for comment.

Full story: https://www.ft.com/content/9087ffb1-24d5-4adc-8a57-ef123d4c4c63

(END) Dow Jones Newswires

February 27, 2025 10:49 ET (15:49 GMT)

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