Bull Getting The Boots: Walgreens' $70 Billion LBO Signals Top's In

If investors ever needed a clear signal that this is the top of the market, they now have one. Walgreens Boots Alliance shares surged Wednesday after speculation that the U.S.-listed drugstore group has been considering a $70 billion take-private deal. If private equity can pull it off, it would be the biggest-ever leveraged buyout, dwarfing the $45 billion take-private transaction of energy group TXU in 2007, which occurred just a year before the financial crisis rocked global markets and prompted unprecedented intervention by global central banks.

 

 

 

 

 

 

 

https://www.marketwatch.com/story/walgreens-possible-70-billion-buyout-is-a-clear-sign-the-stock-market-rally-is-about-to-end-2019-11-06?mod=home-page

 

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