KKR reportedly approaches Walgreens Boots Alliance on leveraged buyout

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KKR reportedly approaches Walgreens Boots Alliance on leveraged buyout

By Sandra Levy - 11/11/2019

KKR has reportedly approached Walgreens Boots Alliance about a leveraged buyout.

According to a Bloomberg News report, the New York-based private equity firm has been preparing a proposal to take the company private. 

On Nov. 5, according to a Reuters report, Walgreens Boots Alliance reportedly was looking into whether or not it should take the company private.

No final decisions have been made, and Walgreens Boots and KKR could decide against pursuing a deal, the report added.