News of Pessina’s larger stake comes after his personal net worth has taken hits amid Walgreens' decline in value.

Tuesday is the last day of business for a Walgreens location in Marlborough, amid a larger closing of pharmacies by the Illinois-based firm.

Stefano Pessina, is expected to nearly double his company ownership to about 30% after the U.S. pharmacy chain completes its buyout arrangement with private equity firm Sycamore, The Financial Times ...

Walgreens Boots Alliance's executive chair Stefano Pessina will almost double his stake in the U.S. pharmacy group to about ...

Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing ...

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Feb 25 (Reuters) - Walgreens (WBA.O), opens new tab said it had entered into a settlement agreement with telemedicine provider Everly Health Solutions as part of which the pharmacy chain operator ...

Justin Sullivan / Getty Images Walgreens Boots Alliance (WBA) shares jumped Monday afternoon as investor optimism about the possibility of a deal lifted the drugstore chain's shares. Walgreens ...

Lenders are reportedly putting together a $10 billion package to back Sycamore Partners' potential takeover of Walgreens. Sources familiar with the matter said the deal could be separated into ...

Walgreens Boots (NASDAQ:WBA) rose 6% at least party amid a report about financing for a potential buyout of the drugstore chain by Sycamore Partners. Private equity firm Sycamore Partners is ...

After allowing Wisconsin and Duke to go a combined 22-for-47 (46.8 percent) from deep, Illinois needs to make a few adjustments to prevent the well-balanced Hawkeyes (five players who knock down ...