
Sycamore Partners is reportedly working with Morgan Stanley and UBS on a $10 billion financing package for a potential acquisition of Walgreens, per a MSN report. The report said that according to the post, a potential buyout would include terms loans, a bridge loan and asset-based lending. The news about Sycamore in talks about financing the potential deal comes on the heels of CNBC's David Faber's report last Tuesday that Sycamore's takeover talks were still alive. A spokesperson at Sycamore contacted by Drug Store News said the company has no comment. A Walgreens spokesperson contacted by DSN said, "We don’t comment on rumors or speculation about our business."
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