In recent months, Walgreens has held preliminary discussions with some of the world’s largest private equity firms about putting together what would be the biggest ever leveraged buyout, the sources said. Walgreens has a market value of $55 billion (£42.74 billion), and its debt at the end of August totaled $17 billion. Walgreens has tasked investment bank Evercore Partners Inc with exploring whether a deal can be put together, the sources said, cautioning that a deal is far from certain. …read more
Source:: Yahoo Finance
