NEW YORK — According to various published reports, Walgreens Boots Alliance is exploring going private in what could mark the largest leveraged buyout in history.
One of the firms looking at a deal is KKR. KKR has a history with the retailer. In 2007, it bought Alliance Boots in partnership with Stefano Pessina, then the executive chairman of Alliance Boots, and other investors.
“Many private equity firms have pushed back on the idea, concerned about Walgreens’ business prospects and the challenges of financing the deal, the sources added,” Reuters reported in their story.