DEERFIELD, Ill.--(BUSINESS WIRE)--Aug 28, 2025-- Walgreen Co. (“Walgreens”, or the “Company”), America’s leading independent retail pharmacy, announced today that it is now operating as a private standalone company following its acquisition by Sycamore Partners (“Sycamore”), a leading private equity firm based in New York. Sycamore is acquiring the business in partnership with Stefano Pessina and his family, who have reinvested 100% of their interests in Walgreens, demonstrating their ongoing support and confidence in the Company’s future. Mike Motz has been appointed as Chief Executive Officer of Walgreens effective immediately.