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Blackstone’s Schwarzman says Walgreens Boots LBO would be a stretch: Bloomberg [Reuters]
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am
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US:NASDAQ Investor Relations: investor.walgreensbootsalliance.com
Stephen Schwarzman , Blackstone CEO, said taking Walgreens Boots Alliance private would be a “stretch” right now as investors have become more discriminating, Bloomberg reported. “You need at least $20 billion of equity. Could you find that in today’s world? Maybe,” the story said, which quoted Schwarzman’s comments during a Reuters Newsmakers event. The Blackstone co-founder said mega-deals are “straining the system,” according to the story.
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