KKR Formally Approaches Walgreens on Record Buyout
Looks like KKR is officially in the game for Walgreens Boots Alliance what could be the biggest LBO ever - any comments on this? I think this is the top-of-the-market/PE industry. What can KKR do after they take them private, what's the exit strategy for them ? I am not familiar with the US pharmacies and drug stores market but it looks like they where already cooperating in the past, right ?
I know too little to hold an opinion but it seems quite late in the cycle for such moves.
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