Walgreens is officially privately held with a new chief executive who formerly ran Staples following the closing of the company’s $10 billion sale to private equity firm Sycamore Partners, the compny said August 28, 2025. In this photo is an aerial view, a sign is posted outside of a Walgreens store on January 04, 2024 in San Pablo, California. (Photo by Justin Sullivan/Getty Images) Getty Images

Walgreens Boots Alliance is officially privately held with a new chief executive who formerly ran Staples following the closing of the company’s $10 billion sale to private equity firm Sycamore Partners.

Sycamore is acquiring the business in partnership with Stefano Pessina, who has been the company’s largest individual shareholder and former CEO, and his family, “who have reinvested 100% of t

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