Michigan’s pharmacy landscape soon will see Walgreens go private in a $10 billion deal with Sycamore Partners, but company officials say the pharmacy chain will continue to operate normally.
The move will close out nearly a century of trading on public markets for the pharmacy chain, operated by Walgreen Boots Alliance, with the acquisition announced Thursday. Walgreens has more than 200 locations in Michigan.
“Our trusted brands and deep commitment to our customers, patients, communities and team members have and will continue to anchor our business as we realize our goal of being the first choice for pharmacy, retail and health services. I am grateful to the more than 311,000 team members globally who are fiercely committed to WBA, our customers and patients,” said Tim Wentworth, CEO of Walgreens Boots Alliance…