Private credit lenders, including HPS Investment and Ares Management (ARES), are in discussions to provide roughly $4.5B of debt to fund Sycamore Partners’ potential buyout of Walgreens Boots Alliance (WBA) as part of a plan to split the company into separate entities, Bloomberg’s Ellen Schneider and Davide Scigliuzzo report, citing a person with knowledge of the mater.
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Read More on WBA:
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- Unusually active option classes on open March 4th
- M&A News: Walgreens Stock (WBA) Surges 5% as $10B Sycamore Buyout Nears Completion
- Walgreens Boots Alliance close to $10B go-private deal, WSJ says
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