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Walgreens Explores $4 Billion Sale
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Overview
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Walgreens is considering selling Shields Health, a specialty pharmacy business it acquired in 2019, for over $4 billion. The company is seeking interest from private equity firms and health-care companies to reduce costs and enhance cash flow amidst high debt and challenging consumer landscape.
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How could the sale of Shields Health reflect broader trends in the healthcare industry?
How might the potential sale of Shields Health impact Walgreens' overall financial strategy?
What are the potential implications for the specialty pharmacy industry if Walgreens divests Shields Health?
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