Overview

• Shareholders backed the $10 billion takeover with roughly 96% of votes cast in favor.
• Sycamore Partners will pay $11.45 per share in cash to acquire Walgreens Boots Alliance.
• Investors hold one non-transferable right to receive up to $3 per share from future VillageMD monetization.
• The deal is expected to close in the third or fourth quarter of 2025 pending customary approvals.
• Major losses on VillageMD investments and plans to close over 1,200 underperforming stores set the stage for the sale.