Walgreens Boots Alliance (WBA) shareholders approve acquisition by Sycamore Partners Management entities, with 96% of votes cast in favor. CEO Tim Wentworth expresses gratitude for overwhelming support and anticipates accelerated turnaround strategy. Shareholders to receive $11.45 per share in cash plus potential additional $3 per share from divested asset proceeds. Transaction expected to finalize in late 2025 pending regulatory approvals. WBA saw 7.2% sales increase to $39bn in Q3 2025.
Read more at Yahoo Finance: Walgreens acquisition by Sycamore wins shareholder agreement