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the growth prospects of jyoti structures limited (jyotistruc) stock ✌️【Asset Allocation】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. Walgreens is reportedly looking to take itself private in a deal with Sycamore Partners, sending the stock nearly 20% higher Tuesday.

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Details of the potential deal are still being ironed out. Since Sycamore focuses on smaller deals it “would likely sell off pieces” of Walgreens to make the acquisition more financially manageable, the Journal said.

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In October, Walgreens announced wasclosing approximately 1,200 locations. About one in seven Walgreens currently open will close its doors by 2027. It currently has nearly 9,000 locations across the US.

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“Walgreens is a big company with big problems, and this would be a longer-term investment rather than a way to make a quick buck,” Saunders wrote in a note Tuesday. “Cuts would most certainly be on the agenda, but the pathway to grow would be more challenging as the healthcare, pharmacy and retail sides of the business all have inherent problems that are not easily soluble.”

the growth prospects of jyoti structures limited (jyotistruc) stock ✌️【Asset Allocation】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. Walgreens’ closures come amid a difficult time for drugstore chains, which are being hammered on a few fronts. The chains have struggled in recent years because of lower reimbursement rates forprescription drugsand new competition from Amazon, causing their profits to decline.

the growth prospects of jyoti structures limited (jyotistruc) stock ✌️【Asset Allocation】✌️ Expert guidance on stock market trends and real-time updates on stock indices, futures, and exchange rates. Make well-informed decisions and plan the best investment strategies for capital growth. The front end of drugstores, where snacks and household staples are sold, also face pressure from larger competitors, including Target. Even Dollar General’sgrowth has hurt drugstore chainsin rural areas.

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