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Maia Anderson
Verified
Senior Reporter, Healthcare Brew
Beats
consumer technology, business technology
Content
By Maia Anderson Verified| Healthcare Brew Verified Walgreens is entering its private company era with Sycamore Partners’s take-private deal, announced in early March, to buy it for at least $22 billion. While getting off the public market can have its perks, analysts say the Walgreens Boots Alliance deal with the private equity (PE) firm could be risky, as it saddles the retail pharmacy giant with a significant amount of debt.
By Maia Anderson Verified| Healthcare Brew Verified CVS named two new executives to its leadership team as the company tries to bounce back from a year that saw its net income cut nearly in half. The retail pharmacy giant named UPS veteran Brian Newman as its new EVP and CFO and Press Ganey expert Amy Compton-Phillips as its new EVP and chief medical officer. Newman will take over the role on April 21 and Compton-Phillips starts on May 19, CVS announced on April 8.
By Maia Anderson Verified| Healthcare Brew Verified Walgreens is entering its private company era with Sycamore Partners’s take-private deal, announced in early March, to buy it for at least $22 billion. While getting off the public market can have its perks, analysts say the Walgreens Boots Alliance deal with the private equity (PE) firm could be risky, as it saddles the retail pharmacy giant with a significant amount of debt.
Company Info
Healthcare Brew
United States