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bullish pattern emerging on kabra drugs limited (524322) ✌️【Risk Management】✌️ Expert predictions with real-time stock, futures, and metals, energy data to help you quickly recover and grow. TheWall Street Journal reportedthat the beleaguered drugstore giant and the private equity firm are discussing a deal that could be completed early next year. Walgreens Boots Alliance (WBA) told 【 - Free Membership Group 】 it doesn’t comment on rumors and speculation.

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.”

bullish pattern emerging on kabra drugs limited (524322) ✌️【Risk Management】✌️ Precise stock market trend predictions with free real-time quotes for India, US, and European stocks. Whether you're looking for short-term gains or long-term growth, our expert advice ensures you make the best investment choices. 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.

bullish pattern emerging on kabra drugs limited (524322) ✌️【Risk Management】✌️ Professional investment advisors provide up-to-the-minute market data, helping you analyze stock trends and select high-potential stocks. Achieve capital growth with well-researched strategies based on expert insights. 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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