KKR makes formal approach to Walgreens on possible record buyout

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One thought on “KKR makes formal approach to Walgreens on possible record buyout

  1. “A buyout would not give Walgreens Boots time or cash to adapt to a fast-changing retail landscape. Despite being free from the quarter-by-quarter demands of public shareholders, it would be beholden to private equity investors who typically demand high cash returns. Such returns are normally generated by selling off valuable assets and loading down the corporate entity with high levels of debt, while ignoring necessary investments and upgrades. Recent examples include Marsh Supermarkets, Toys ‘R’ Us, Sears/Kmart, and a host of other dead or dying retail brands.”

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