WBA - Walgreens Explores Options for Shields Health in Potential $4B Deal As Part of Turnaround Strategy | Benzinga
Walgreens Boots Alliance Inc (NASDAQ:WBA) is reportedly considering various options for its specialty pharmacy business, Shields Health Solutions.
The potential sale, estimated to exceed $4 billion, is part of Walgreens’ broader strategy to address its financial challenges.
The pharmacy giant has engaged advisers to assess interest in Shields Health, anticipating attention from private equity firms and healthcare companies, Bloomberg noted.
However, the decision is not final, and Walgreens may choose to retain business ownership.
Walgreens’ recent struggles are reflected in its share performance, with a decline of over 38% in the past year.