FILE – This June 4, 2014, file photo, shows a Walgreens retail store in Boston. Walgreens and Rite Aid will sell 865 stores to rival retailer Fred’s for $950 million, possibly removing the final roadblock preventing the tie up between the nation’s la
Walgreens Boots Alliance has been exploring a deal to go private, according to Reuters.
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The company has hired Evercore Partners to explore a go-private attempt, Reuters says. Walgreens Boots Alliance did immediately respond to FOX Business’ request for comment. Evercore declined to comment.
Shares spiked to a a record high after briefly being halted.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| WBA | WALGREENS BOOTS ALLIANCE INC. | 61.66 | +2.00 | +3.36% |
Walgreens Boots Alliance has a market capitalization of $56.66 billion. U.S.-based Walgreens merged with Alliance Boots in December 2014, in a deal that combined the nation’s largest drug store chain with Europe’s largest pharmaceutical wholesaler.
Shares have fallen 12 percent this year.
