Acne treatments sold by Proactiv and Walgreens Boots Alliance are being recalled because they are contaminated with a cancer-causing chemical called benzene, the US Food and Drug Administration said Tuesday.
CVS Health is rolling out a new and smaller pharmacy format amid hundreds of drugstore closures across the retail pharmacy industry and investor pressure to boost profits.
Walgreens to Be Acquired by Sycamore Partners: Where Did the Retail Giant Go Wrong?
Sycamore Partners Agrees to Acquire, Privatize Drugstore Giant Walgreens in Multibillion-Dollar Deal
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Walgreens agrees to go private, agreeing to be bought by equity firm Sycamore Partners
There are plenty of reasons to be skeptical that private equity will help Walgreens get out of turbulent times.
Walgreens, located at 1800 Airport Road, was temporarily evacuated Monday after management received a phone call indicating a bomb had been planted in the building and "demanding money," Garland County Sheriff Mike McCormick told The Sentinel-Record.
Walgreens Boots Alliance is set to be acquired by buyout firm Sycamore Partners for $10 billion, going private. Here's what to know in Michigan.
Walgreens and the private equity firm Sycamore Partners expect to close the take-private deal in the fourth quarter of this year.
The company will continue to operate under the name Walgreens and its headquarters will remain in the Chicago area.
Acne treatments sold by Proactiv and Walgreens Boots Alliance are being recalled because they are contaminated with a cancer-causing chemical called benzene, the US Food and Drug Administration said Tuesday.
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.
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