Walgreens CEO is looking for a major transformation of the company, which includes a huge deal worth $ 10 billion.
The pharmacy chain was recently thrown into the turmoil, as it announced plans to close 500 stores this year.
2
2
The United States, which has previously informed Sun, reported Walgrens's plans to close 450 sites because it faces financial difficulties.
But Walgrens was in months of months to save herself, at a value of $ 10 billion.
The deal was to be completed with the SYCAMORE private stock company on Thursday, and the CEO of Walgrens, Tim Wetter, has now confirmed at CNBC.
He said: “While we make progress against the ambitious transformation strategy, creating the purposeful value will take time, focus and better change as a private company.
“SYCAMORE will provide us with experience and partner experience with a busy record of successful retail transformation.”
The administrative director of Sycamore, Stefan Calozni, added that the company has confidence in the “model led by the pharmacy” and Wolgrines and the primary role in leading better results for patients, customers and societies.
Walgrens said that the total value of the treatment will reach 23.7 billion dollars when it includes debts and possible payments in the future.
More to follow … To get the latest news about this story, keep checking the US Sun, your destination for the best celebrity news, sports news, realistic life stories, jaw pictures, and videos to watch.
Like us on Facebook in thesunus and follow us on X in @Thessun
