Walgreens Boots' Stefano Pessina to almost double stake after Sycamore takeover, FT reports
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Stefano Pessina, executive chair of Walgreens Boots Alliance, plans to nearly double his stake in the company to about 30% following its acquisition by private equity group Sycamore.
March 18, 2025 | 5:30 am
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Stefano Pessina, executive chair of Walgreens Boots Alliance, will increase his stake to about 30% as part of the company's acquisition by Sycamore.
The news of Pessina increasing his stake to 30% as part of the Sycamore takeover suggests confidence in the company's future, likely leading to a positive short-term impact on WBA's stock price.
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